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Conference Paper: A simulation study on supply chain performance with uncertainty using contract

TitleA simulation study on supply chain performance with uncertainty using contract
Authors
Issue Date2005
PublisherIEEE, Computer Society. The Journal's web site is located at http://www.ieee.org
Citation
IEEE International Symposium on Intelligent Control Proceedings, the 13th Mediterrean Conference on Control and Automation Proceedings, Limassol, Cyprus, 27-29 June, 2005, p. 814-819 How to Cite?
AbstractTraditional optimization techniques have been proposed in order to improve the performance of supply chains. Although these approaches have been shown to be effective, most of them were developed without considering uncertainties in order to simplify the analysis. In distributed supply chains, participating members are not under a sole control of a central authority, the problem is even more stringent due to incomplete information sharing. One way to improve the system performance is to achieve coordination among participating parties through establishment of contracts. The main objective of this paper is to propose a coordination mechanism with early order completion contract to minimize the negative impacts of demand uncertainty. Performance of the system is measured in terms of cost and fill rate. Simulation results indicate that the proposed contract approach is able to improve the performance measures of the system subjects to uncertain demand. ©2005 IEEE.
Persistent Identifierhttp://hdl.handle.net/10722/46551
References

 

DC FieldValueLanguage
dc.contributor.authorChan, FTSen_HK
dc.contributor.authorChan, HKen_HK
dc.date.accessioned2007-10-30T06:52:44Z-
dc.date.available2007-10-30T06:52:44Z-
dc.date.issued2005en_HK
dc.identifier.citationIEEE International Symposium on Intelligent Control Proceedings, the 13th Mediterrean Conference on Control and Automation Proceedings, Limassol, Cyprus, 27-29 June, 2005, p. 814-819en_HK
dc.identifier.urihttp://hdl.handle.net/10722/46551-
dc.description.abstractTraditional optimization techniques have been proposed in order to improve the performance of supply chains. Although these approaches have been shown to be effective, most of them were developed without considering uncertainties in order to simplify the analysis. In distributed supply chains, participating members are not under a sole control of a central authority, the problem is even more stringent due to incomplete information sharing. One way to improve the system performance is to achieve coordination among participating parties through establishment of contracts. The main objective of this paper is to propose a coordination mechanism with early order completion contract to minimize the negative impacts of demand uncertainty. Performance of the system is measured in terms of cost and fill rate. Simulation results indicate that the proposed contract approach is able to improve the performance measures of the system subjects to uncertain demand. ©2005 IEEE.en_HK
dc.format.extent211070 bytes-
dc.format.extent4385 bytes-
dc.format.mimetypeapplication/pdf-
dc.format.mimetypetext/plain-
dc.languageengen_HK
dc.publisherIEEE, Computer Society. The Journal's web site is located at http://www.ieee.orgen_HK
dc.relation.ispartofProceedings of the 20th IEEE International Symposium on Intelligent Control, ISIC '05 and the 13th Mediterranean Conference on Control and Automation, MED '05en_HK
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.rights©2005 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.en_HK
dc.titleA simulation study on supply chain performance with uncertainty using contracten_HK
dc.typeConference_Paperen_HK
dc.identifier.emailChan, FTS: ftschan@hkucc.hku.hken_HK
dc.identifier.authorityChan, FTS=rp00090en_HK
dc.description.naturepublished_or_final_versionen_HK
dc.identifier.doi10.1109/.2005.1467119en_HK
dc.identifier.scopuseid_2-s2.0-33745190761en_HK
dc.identifier.hkuros100529-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-33745190761&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume2005en_HK
dc.identifier.spage814en_HK
dc.identifier.epage819en_HK
dc.identifier.scopusauthoridChan, FTS=7202586517en_HK
dc.identifier.scopusauthoridChan, HK=13104905800en_HK

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