Portfolio Procurement Strategies with Forward and Option Contracts Combined with Spot Market

Increasing supply chain uncertainty due to market volatility has heightened the need for more flexible procurement strategies. While procurement through long-term forward contracts provides supply stability and cost predictability, it limits adaptability. Option contracts offer procurement flexibili...

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Bibliographic Details
Main Authors: Nurul Anastasya Talaba, Pyung-Hoi Koo
Format: Article
Language:English
Published: MDPI AG 2025-03-01
Series:Systems
Subjects:
Online Access:https://www.mdpi.com/2079-8954/13/3/210
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