A stochastic model for developing speculation-postponement strategies and modularization concepts in the global supply chain with demand uncertainty.
Syarif Daniel BudimanHsin RauPublished in: Comput. Ind. Eng. (2021)
Keyphrases
- demand uncertainty
- supply chain
- stochastic model
- uncertain demand
- market demand
- supply chain management
- service level
- stochastic process
- inventory management
- lead time
- fluid model
- production cost
- planning horizon
- capacity planning
- inventory control
- decision making
- nash equilibrium
- customer demand
- group buying
- dynamic programming