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Supply chain network dynamics with multi-objective decision-making under demand uncertainty

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The dynamics of a three tiers supply chain network in the presence of demand uncertainty is considered in this paper. The objective is assessed by taking into account not only the profit over the time horizon, but also the resulting uncovered demand satisfaction. An equilibrium Variational Inequality for all the nodes of the supply chain is derived. The proposed model is tested using Modified Goldstein-Levitin-Polyak Projection Algorithm. A numerical example is provided for illustrative purpose. And the results illustrate the demand satisfaction tends to reduce the amount of product flow between node of the supply chain.

Original languageEnglish
Title of host publication2008 International Conference on Management Science and Engineering 15th Annual Conference Proceedings, ICMSE
Pages313-318
Number of pages6
DOIs
StatePublished - 2008
Externally publishedYes
Event2008 International Conference on Management Science and Engineering 15th Annual Conference, ICMSE - Long Beach, CA, United States
Duration: 10 Sep 200812 Sep 2008

Publication series

Name2008 International Conference on Management Science and Engineering 15th Annual Conference Proceedings, ICMSE

Conference

Conference2008 International Conference on Management Science and Engineering 15th Annual Conference, ICMSE
Country/TerritoryUnited States
CityLong Beach, CA
Period10/09/0812/09/08

Keywords

  • Demand uncertainty
  • Modified goldstein-levitin-polyak projection algorithm
  • Multi-objective decision
  • Supply chain
  • Variational inequality

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