De waarde van informatie - Information sharing and incentives
3 important questions on De waarde van informatie - Information sharing and incentives
Which two contracts provide incentives for the buyers to reveal their true forecasts?
- Capacity reservation contracts
- Advance purchase contracts
What are capacity reservation contracts?
In capacity reservation contracts provides the company the supplier with a menu specifying different level of capacities he is willing to build and the corresponding price for each one.
What are advance purchase contracts?
In advance purchase contracts charges the contract manufacturer an advance purchase price for orders placed prior to building capacity and a different (higher) price for any additional order placed when demand is realized.
Try our study magic for free
a PDF, study it super fast
- No sign up, email or credit card needed!
- AI makes unlimited flashcards
- Get unlimited quizzes and tests
- Ask AI anything
Create a notebook
- No sign up, email or credit card needed!
- Have and keep perfect overview
- Make flashcards, notes and mind maps
- Review, test and score!
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
