A Newsvendor's Procurement Problem when Suppliers Are Unreliable.
Maqbool DadaNicholas C. PetruzziLeroy B. SchwarzPublished in: Manuf. Serv. Oper. Manag. (2007)
Keyphrases
- supplier selection
- lot sizing
- single item
- reverse auction
- supply chain
- uncertain demand
- risk averse
- supply chain management
- demand uncertainty
- stochastic demand
- risk neutral
- multistage
- lead time
- decision makers
- multi attribute
- multi item
- assembly systems
- setup cost
- group decision making
- information asymmetry
- production planning
- inventory systems
- stochastic inventory
- expected profit
- risk aversion
- planning horizon
- inventory models
- single stage
- lost sales
- production cost
- service level
- linear programming