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《Industrial Engineering Journal》 2013-01
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A Stochastic Model for Perishable Product Production and Distribution with Operation Risks

Liu Kai-fei,Liu Xiao(School of Mechanical Enginering,Shanghai Jiaotong University,Shanghai 200240,China)  
The operations of a supply network for short life cycle products are characterized by uncertainties of risks,such as quality risk,delivery risk,production risk,inventory risk,and demand risk.The effect of these risks on the operations of the network is analyzed.Then,an inventory,production,and distribution policy is proposed.With this policy,a stochastic programming model is build.By analyzing the characteristics of the model,based on ILOG CPLEX,a dispatching solution method is developed to solve the problem.With some practical cases,the impact of various risk factors on operation process of the overall supply chain is analyzed.Simulation results show that the obtained inventory strategies are effective and practical.
【Fund】: 国家自然科学基金资助项目(70972099;91024013;91024031)
【CateGory Index】: F224;F273
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【Co-citations】
China Proceedings of conference Full-text Database 1 Hits
1 LANG Yan-Huai(Dept.of Mathematics,Shanghai University of Finance and Economics,Shanghai 200433,China);Optimization Model for Supply Chain with Inventory-Level-Dependent Demand[A];[C];2011
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