Sourcing strategies in supply risk management: An approximate dynamic programming approach.
Jiarui FangLei ZhaoJan C. FransooTom Van WoenselPublished in: Comput. Oper. Res. (2013)
Keyphrases
- risk management
- approximate dynamic programming
- dual sourcing
- linear program
- supply chain
- decision support system
- lead time
- risk evaluation
- risk assessment
- step size
- risk analysis
- dynamic programming
- reinforcement learning
- project management
- operational risk
- databases
- inventory policy
- control policy
- commercial banks
- optimal solution
- average cost
- financial institutions
- management system
- case based reasoning