Forward buying of non-commodity consumer goods
Author(s)
Kight, Jeffrey Wayne
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Other Contributors
Massachusetts Institute of Technology. Engineering Systems Division.
Advisor
Chris Caplice.
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This thesis examines the feasibility of commodity-like forward and futures markets in non-commodity consumer goods. Benefits of information gleaned from the sale of products for future delivery are examined, as well as the market for wine futures, which serves as an example of a non-commodity futures market. Analysis is conducted by controlled experiments in a system dynamics model that simulates the bullwhip effect.
Description
Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2007. "June 2007." Includes bibliographical references (leaf 63).
Date issued
2007Department
Massachusetts Institute of Technology. Engineering Systems DivisionPublisher
Massachusetts Institute of Technology
Keywords
Engineering Systems Division.