Bidirectional options in random yield supply chains with demand and spot price uncertainty.
Jiarong LuoXu ChenChong WangGaoxun ZhangPublished in: Ann. Oper. Res. (2021)
Keyphrases
- supply chain
- bullwhip effect
- inventory management
- lead time
- inventory control
- capacity planning
- uncertain demand
- customer demand
- operating costs
- planning horizon
- supply chain management
- robust optimization
- inventory policy
- market demand
- safety stock
- service level
- product life cycle
- distribution network
- demand uncertainty
- dual sourcing
- production capacity
- lot size
- economic order quantity
- supplier selection
- information sharing
- inventory models
- multi period
- decision making
- inventory systems
- single item
- small and medium size
- periodic review
- revenue sharing
- discrete event simulation
- trading partners
- inventory level
- infinite horizon
- total cost