The role of business insurance in managing a manufacturer's product quality risk

被引：6

作者：

Chen, Jing ^{[1
]}

Wei, Hang ^{[2
]}

Xie, Lei ^{[2
]}

机构：

[1] Shandong Technol & Business Univ, Sch Business Adm, Yantai 264005, Peoples R China

[2] Shanghai Univ Finance & Econ, Sch Int Business Adm, Shanghai 200433, Peoples R China

来源：

OPERATIONS RESEARCH LETTERS | 2017年 / 45卷 / 06期

基金：

中国国家自然科学基金;

关键词：

Yield uncertainty; Business insurance; Quality risk; Risk aversion; SUPPLY CHAIN; CONTRACTS; MODEL;

D O I：

10.1016/j.orl.2017.10.006

中图分类号：

C93 [管理学]; O22 [运筹学];

学科分类号：

070105 ; 12 ; 1201 ; 1202 ; 120202 ;

摘要：

We consider a risk-averse manufacturer that decides whether to accept an order from a retailer and can purchase a business insurance contract. Once the order is delivered to the retailer, a random part of it would turn out to be defective associated with external failure cost. We find that business insurance can substitute and complement with an operational strategy that shares external failure cost or reduces the probability of product defects occurring. (C) 2017 Elsevier B.V. All rights reserved.

引用

页码：635 / 641

页数：7

共 50 条

[21] Risk-sharing and its role in manufacturer's innovation
Theyel, Gregory
Tucci, Christopher
PRODUCTION AND MANUFACTURING RESEARCH-AN OPEN ACCESS JOURNAL, 2024, 12 (01):
[22] THE ROLE OF INTERNAL AUDIT IN INCREASING QUALITY OF BUSINESS OPERATIONS OF INSURANCE COMPANIES
Mijoc, Ivo
Iles, Marija
Brocic, Biljana
INTERDISCIPLINARY MANAGEMENT RESEARCH XIV (IMR 2018), 2018, 14 : 1356 - 1381
[23] THE SYSTEMIC APPROACH TO MANAGING THE QUALITY OF COMPANY'S BUSINESS PROCESSES
Rubin, Aleksandr G.
Zinchenko, Natalia, V
Artyushkova, Aleksandra Yu
Sorokozherdyev, Vasiliy V.
Pimenov, Gennadiy G.
INTERNATIONAL JOURNAL FOR QUALITY RESEARCH, 2021, 15 (02) : 487 - 506
[24] Risk and the insurance business in History
Clark, Geoffrey
INVESTIGACIONES DE HISTORIA ECONOMICA, 2022, 18 (01): : 75 - 76
[25] The Strategic Role of Business Insurance
Serpa, Juan Camilo
Krishnan, Harish
MANAGEMENT SCIENCE, 2017, 63 (02) : 384 - 404
[26] Managing software product quality
Gatlin, M
Hannon, G
EIGHTEENTH ANNUAL PACIFIC NORTHWEST SOFTWARE QUALITY CONFERENCE, PROCEEDINGS, 2000, : 195 - 203
[27] Managing product quality for profitability
Shetty, Y.K.
S.A.M. advanced management journal, 1988, 53 (04): : 33 - 38
[28] MANAGING DESIGN FOR A QUALITY PRODUCT
FOX, J
ASSEMBLY AUTOMATION, 1995, 15 (01) : 12 - 14
[29] Risk Management Practices for Managing Product Quality in Global Supply Chain
Tse, YingKei
Tan, KimHua
PROCEEDINGS OF THE FOURTH INTERNATIONAL CONFERENCE ON OPERATIONS AND SUPPLY CHAIN MANAGEMENT (ICOSCM 2010), 2010, 4 : 907 - 912
[30] The Green Product's Pricing Strategy in a Dual Channel considering Manufacturer's Risk Attitude
Ma, Junjie
Yu, Wenchao
Li, Shuxia
Zhang, Linghong
Zang, Shaobin
COMPLEXITY, 2021, 2021

← 1 2 3 4 5 →