Title :
A supply chain network equilibrium with random demand under disruptions
Author :
Liu, Fangxia ; Hu, Jinsong
Author_Institution :
Dept. of Manage. Sci. & Eng., Qingdao Univ., Qingdao, China
Abstract :
Investigate a supply chain network equilibrium model consisting of manufacturers and competing retailers who face with random demand at their outlets. Aimming at the broken equilibrium resulting from an emergent event, which maybe make the demand disruptions, this paper designs a buy back contract. It´s proved that the anti-disruption-ability of the supply chain network will be improved with the buy back contract through a numerical example.
Keywords :
contracts; retailing; supply and demand; supply chain management; buy back contract; competing retailers; emergent event; manufacturers; random demand disruptions; supply chain network equilibrium; Contracts; Cost function; Economics; Manganese; Schedules; Supply chains; buy back contract; disruption; network equilibrium; random demand;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6010762