Current Proceedings on Technology
Yazarlar: Ping- Hui Hsu, Hui Ming Teng
Konular:-
Anahtar Kelimeler:Inventory,Supply Chain,Risk Management
Özet: Supply chain risk management mainly roots in supply risk (such as delivery risk, quality risk) and demand risk (price risk, environment risk). This research aims at developing an optimal inventory policy by considering environment risk and quality risk. An inventory problem consisting of uncertain demand and uncertain supply (imperfect items with random defective percentage) in a two-echelon supply chain is considered. The analytic algorithm is presented to derive the optimal order quantity such that the expected profit is maximized. Numerical example and sensitivity analysis are provided to illustrate the theory.