Let $X$ be a scheme. It is known that $Qcoh(X)$ is cocomplete, co-wellpowered and has a generating set. The special adjoint functor theorem tells us that then every(!) cocontinuous functor $Qcoh(X) \to A$ has a right-adjoint. Here $A$ is an arbitrary category (which I always assume to be locally small).
a) Is there a nice description of the right-adjoint to the forgetful functor $Qcoh(X) \to Mod(X)$? Here, you may impose finiteness conditions on $X$. This functor may be called a quasi-coherator.
b) Let $f : X \to Y$ be a morphism of schemes. Then $f^* : Qcoh(Y) \to Qcoh(X)$ is cocontinuous, since $f^* : Mod(Y) \to Mod(X)$ is cocontinuous and the forgetful functor preserves and reflects colimits. In particular, there is a right-adjoint $f_+ : Qcoh(X) \to Qcoh(Y)$. If $f$ is quasi-separated ans quasi-compact, then this is the direct image functor $f_*$. Is there a nice description in general? Note that $f_+$ is the composition $Qcoh(X) \to Mod(X) \to Mod(Y) \to Qcoh(Y)$, where the latter is the quasi-coherator. This is only nice if we have answered a).
c) Since $Mod(X)$ is complete and $Qcoh(X) \to Mod(X)$ has a right adjoint, $Qcoh(X)$ is also complete. Is there a nice description for the products? They are given by taking the quasi-coherator of the product, can we simplify this? I mean, perhaps they turn out to be exact although the products in $Mod(X)$ are not exact?
Answer (after reading the article Leo Alonso has cited)
We have the following description of the quasi-coherator: Let $X$ be a concentrated scheme, i.e. quasi-compact and quasi-separated. If $X$ is separated, say $X = \cup U_i$ with finitely many affines $U_i$ such that the intersections $U_i \cap U_j$ are affine, then the quasi-coherator of a module $M$ on $X$ is the kernel of the obvious map
$\prod_i (u_i)_* \tilde{M(U_i)} \to \prod_{i,j} (u_{i,j})_* \tilde{M(U_i \cap U_j)}$,
where $u_i : U_i \to X$ and $u_{ij} : U_i \cap U_j \to X$ are the inclusions. If $X$ is just quasi-separated, there is a similar description using the separated case.
The idea is quite simple and can be generalized to every flat ring representation of a finite partial order, which has suprema (for example the dual of the affine subsets of a quasi-compact separated scheme). On an affine part, the quasi-coherator consists of sections of all other affine parts over it, which are compatible in the obvious sense.
If we have no finiteness conditions, the description is basically also valid, but you have to take the quasi-coherators of the products or the direct images, since they don't have to be quasi-coherent. In general there is no nice description. Also in nice special cases, b) and c) have no nice answers (and infinite products are not exact, even in the category of quasi-coherent modules on nice schemes).
, can be described in a nice way, because taking the coherator doesn't even commute with restriction to open subsets. For example, the coherator of the
$\text{Mod}(X)$-product of a family of quasi-coherent sheaves is a
$\text{QCoh}(X)$`-product, but there are examples where taking the product of quasi-coherent sheaves is not exact, and in particular not local. See the beautiful paper [Krause, The stable derived category of a Noetherian scheme, Example 4.9]. $\endgroup$