Download or read book Coordination Under Unknown Demand Distribution written by Shi Chen and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the literature on supply chain management (SCM), the multi-echelon stochastic inventory models with known demand distributions have played a fundamental role for developing firms' collaborative strategies, including the optimal policy to maximize efficiency of the centralized supply chain (the ``first-best” policy) and contract design in the decentralized supply chain such that the self-interested parties are incentivized to adopt the first-best policy (supply chain is ``coordinated"). In this work, we extend the classic two-echelon inventory problem to an online setting with an unknown demand distribution and then re-examine the optimal inventory control and supply chain coordination problems. The new setting brings two novel challenges. (1) Since the upstream firm only observes orders from the downstream firm, it does not necessarily receive the true demand information, which is aggravated by the online setting as the downstream firm may experiment with different policies facing the unknown demand distribution. (2) The above issue is compounded by the complex inventory interactions due to the multi-echelon nature of the system, as the downstream firm's inventory level can be impacted by the upstream firm's shortages. For the centralized system, we design algorithms based on Online Newton Step with the low-switching (``lazy-update”) property to achieve convergence to the first-best policy. For the decentralized system, our algorithms, together with a protocol for learning the optimal contract parameter value, also achieve favorable guarantees for individual regret and convergence to the first-best decisions such that the supply chain is coordinated.
Download or read book Supply Chain Coordination under Uncertainty written by Tsan-Ming Choi and published by Springer Science & Business Media. This book was released on 2011-08-14 with total page 651 pages. Available in PDF, EPUB and Kindle. Book excerpt: Channel coordination is a core subject of supply chain management. Over the past decade, much research effort has been devoted to exploring the detailed mechanisms for achieving supply chain coordination under uncertainty, generating many fruitful analytical and empirical results. Despite the abundance of research results, there is an absence of a comprehensive reference source that provides state-of-the-art findings on both theoretical and applied research on the subject. In addition, with the advance of knowledge and technologies, many new topics on supply chain coordination under uncertainty have appeared in recent years. This handbook extensively examines supply chain coordination challenges with a focal point on discovering innovative measures that can help tackle the existing and emerging challenges. The book is organized into five parts, which include chapters on innovative analytical models for coordination, channel power and bargaining, technological advancements and applications, empirical analysis, cases studies and review. This handbook provides new empirical and analytical results with precious insights, which will not only help supply chain agents to understand more about the latest measures for supply chain coordination under uncertainty, but also help practitioners and researchers to know how to improve supply chain performance based on innovative methods.
Download or read book Quantitative Models for Supply Chain Management written by Sridhar Tayur and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 851 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.
Download or read book Intelligent Coordinated Control of Complex Uncertain Systems for Power Distribution and Network Reliability written by Xiangping Meng and published by Elsevier. This book was released on 2015-11-12 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent Coordinated Control of Complex Uncertain Systems for Power Distribution and Network Reliability discusses the important topics revolving around the control of complex uncertain systems using the intelligent coordination control mechanism, a topic that has become the research focus of current control and computer fields. The book provides theoretical guidance for power distribution network reliability analysis, focusing on practical problems and algorithms within the field. Provides effective solutions for complex control systems Presents theoretical guidance for power distribution network reliability analysis Focuses on practical problems and algorithms
Download or read book Capacity Allocation Mechanisms and Coordination in Supply Chain Under Demand Competition written by Jianbin Li and published by Springer Nature. This book was released on 2022-10-31 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims at providing cases with inspiring findings for global researchers in capacity allocation and reservation. Capacity allocation mechanisms are introduced in the book, as well as the measures to build models and the ways to achieve supply chain coordination. In addition, it illustrates the capacity reservation contract and quantity flexible contract with comparisons and some numerical studies. The book is divided into 7 chapters. Chapter 1 introduces the background and the latest development of the research. Chapter 2 introduces how to manage downstream competition through capacity allocation in symmetric market, including proportional mechanism and lexicographic mechanism. Demand competition is introduced in Chapter 3 as well as the uniform allocation mechanism and the comparisons among three different mechanisms. In Chapter 4, we give information about demand competition with fixed factor allocation, and the comparison with other allocations. Chapter 5 provides the optimal strategies under fixed allocation with multiple retailers and the impacts of fixed proportions. Chapter 6 illustrates how to achieve supply chain coordination through capacity reservation contract and its comparison with the quantity flexibility contract, and in Chapter 7 we describe outsourcing decisions and order policies in different systems with some numerical studies. We sincerely hope that this book can provide some useful suggestions and inspirations for scholars around the world who have the same interests in this field.
Download or read book The Handbook of Behavioral Operations written by Karen Donohue and published by John Wiley & Sons. This book was released on 2018-10-16 with total page 631 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive review of behavioral operations management that puts the focus on new and trending research in the field The Handbook of Behavioral Operations offers a comprehensive resource that fills the gap in the behavioral operations management literature. This vital text highlights best practices in behavioral operations research and identifies the most current research directions and their applications. A volume in the Wiley Series in Operations Research and Management Science, this book contains contributions from an international panel of scholars from a wide variety of backgrounds who are conducting behavioral research. The handbook provides succinct tutorials on common methods used to conduct behavioral research, serves as a resource for current topics in behavioral operations research, and as a guide to the use of new research methods. The authors review the fundamental theories and offer frameworks from a psychological, systems dynamics, and behavioral economic standpoint. They provide a crucial grounding for behavioral operations as well as an entry point for new areas of behavioral research. The handbook also presents a variety of behavioral operations applications that focus on specific areas of study and includes a survey of current and future research needs. This important resource: Contains a summary of the methodological foundations and in-depth treatment of research best practices in behavioral research. Provides a comprehensive review of the research conducted over the past two decades in behavioral operations, including such classic topics as inventory management, supply chain contracting, forecasting, and competitive sourcing. Covers a wide-range of current topics and applications including supply chain risk, responsible and sustainable supply chain, health care operations, culture and trust. Connects existing bodies of behavioral operations literature with related fields, including psychology and economics. Provides a vision for future behavioral research in operations. Written for academicians within the operations management community as well as for behavioral researchers, The Handbook of Behavioral Operations offers a comprehensive resource for the study of how individuals make decisions in an operational context with contributions from experts in the field.
Download or read book Analytical Modeling Research in Fashion Business written by Tsan-Ming Choi and published by Springer. This book was released on 2016-05-23 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes both theoretical results and application cases of analytical modeling based research related to the fashion and textile business. It responds to calls for deeper theoretical foundations as an expansion of research methodology in a field that has to date mostly relied on case studies and empirical analysis. Although there are a growing number of related publications which employ an analytical approach in conducting theoretical and applied research in the fashion and textile business, this book fills an essential gap by providing a comprehensive reference source that introduces the methodology and provides state-of-the-art findings on the topic. Covering an important and well-established industry, Analytical Modeling Research in Fashion Business is a pioneering text and essential reading for researchers and practitioners in the fashion and textiles industry alike. /div
Download or read book International Conference on Industrial Engineering and Management Science 2013 written by Dr. X. Chen, and published by DEStech Publications, Inc. This book was released on 2013-10-16 with total page 1399 pages. Available in PDF, EPUB and Kindle. Book excerpt: ICIEMS 2013 is to provide a platform for researchers, engineers, academicians as well as industrial professionals from all over the world to present their research results and development activities in Industrial Engineering and Management Science. This conference provides opportunities for the delegates to exchange new ideas and experiences face to face, to establish business or research relations and to find global partners for future collaboration.
Download or read book Managing Risk of Supply Chain Disruptions written by Tong Shu and published by Routledge. This book was released on 2014-05-16 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses important issues related to managing supply chain disruption risks from various perspectives. It explores the essence and principles relating to managing these risks and provides the framework and multi-goal model groups for managing such risks. The book also discusses research development of managing supply chain disruptive risks, supply chain risk conduction and loss assessment methods of supply chain disruptive events. It also includes the consideration of supply chain coordinating models in the cases of demand and supply disruption risks. It also deals on the subject of managing models of supply chain disruption risks by looking at manufacturers and responding decision methods oriented towards demand in disruption and coordination. It also summarizes the relevant findings and provides future research questions and orientations. The book will contributes significantly to the growing body of knowledge concerning the theory of managing supply chains.
Download or read book Successful Strategies in Supply Chain Management written by Chi-Kin Chan and published by IGI Global. This book was released on 2005-01-01 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of today's fast paced, globalized economy, there is an increasing need for organizations to produce products and use resources more effectively and efficiently. This book provides the tools and techniques for organizations to streamline their supply chains.
Download or read book Applied Statistical Methods written by David D. Hanagal and published by Springer Nature. This book was released on 2022-04-13 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects select contributions presented at the International Conference on Importance of Statistics in Global Emerging (ISGES 2020) held at the Department of Mathematics and Statistics, University of Pune, Maharashtra, India, from 2–4 January 2020. It discusses recent developments in several areas of statistics with applications of a wide range of key topics, including small area estimation techniques, Bayesian models for small areas, ranked set sampling, fuzzy supply chain, probabilistic supply chain models, dynamic Gaussian process models, grey relational analysis and multi-item inventory models, and more. The possible use of other models, including generalized Lindley shared frailty models, Benktander Gibrat risk model, decision-consistent randomization method for SMART designs and different reliability models are also discussed. This book includes detailed worked examples and case studies that illustrate the applications of recently developed statistical methods, making it a valuable resource for applied statisticians, students, research project leaders and practitioners from various marginal disciplines and interdisciplinary research.
Download or read book Pioneering Supply Chain Design written by Thorsten Blecker and published by BoD – Books on Demand. This book was released on 2012 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inventory and Supply Chain Management with Forecast Updates written by Suresh P. Sethi and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real problems are formulated into tractable mathematical models, which allow for an analysis of various approaches. Attention is focused on solutions. Provides a unified treatment of the models discussed , presents a critique of the existing results, and points out potential research directions.
Download or read book Production and Manufacturing System Management Coordination Approaches and Multi Site Planning written by Renna, Paolo and published by IGI Global. This book was released on 2012-09-30 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book presents relevant theoretical frameworks and most recent research findings in this area, providing significant theories for research students and scholars to carry out their continuous research as well as practitioners who aim to improve upon their understanding of distributed production planning"--
Download or read book Biodiversity written by Wilhelm Barthlott and published by Springer Science & Business Media. This book was released on 1998 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt: The preservation of biodiversity is an essential part of the global concept for sustainable development. Ecologically and socially acceptable management of biodiversity is a prerequisite for the preservation of the wealth and productivity of natural ecological systems, and maintainance of the cultural differences in the relationship between man and nature. The Agenda 21 adopted at the Rio Summit in 1992 calls for concerted action by governments, governmental and non-governmental organizations, and the scientific community for the preservation of biodiversity.
Download or read book Financial Engineering E commerce and Supply Chain written by Panos M. Pardalos and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the fast growing elements of the Internet is electronic commerce, which refers to the use of electronic means to conduct business transactions within or across business entities. Nearly 80 percent of all Fortune 500 companies have been doing their core business through the Internet. Many issues, and societal implications of electronic commerce, are the subjects of recent research. A supply chain consists of all the entities and activities that enable the production, distribution, and delivery of products and services to consumers. Research in designing and managing supply chains has rapidly expanded during the last decade. In addition, increased and accessible computing power and modeling capabilities have spurred this growth, enabling researchers to simultaneously consider the many interrelated variables and decisions of a supply chain in a single tractable model.
