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Performance Evaluation of a Stochastic Supply Chain
Conference
Proceedings of the 2nd International Conference on Operations and Supply Chain Management
Publisher(s)
University of the Thai Chamber of Commerce
Date Issued
2007
Author(s)
Lin, Yi-Kuei
Abstract
This paper concentrates on a multicommodity stochastic-flow network in which each arc has both the capacity and cost attributes. We utilize this network to model the supply chain with several factories. Different from the single-commodity case, the system capacity is a pattern for multicommodity case. We propose a new performance index, the probability that the system capacity is less than or equal to a given pattern under the budget constraint. A simple algorithm based on minimal cuts is presented to generate all (d,B)-MCs that are the maximal capacity vectors meeting the demand d and budget B. The proposed performance index, which is evaluated in terms of (d,B)-MCs, is applied to evaluate the performance of a supply chain.
Subject(s)
Operations Management
Access Rights
public
Rights
This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Rights Holder(s)
University of the Thai Chamber of Commerce
Bibliographic Citation
Yi-Kuei Lin, Chin-Yu Yang (2007) Performance Evaluation of a Stochastic Supply Chain.
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