Supply Chain Disruption Assessment Based on the Perspective of Trade-off in Newsvendor Model

Li Yisong, Jia Lu and Chen Xiaofei ()
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Li Yisong: Beijing Jiaotong University
Jia Lu: Beijing Jiaotong University
Chen Xiaofei: University of Toronto

A chapter in LISS 2012, 2013, pp 35-41 from Springer

Abstract: Abstract This paper centers on supply chain assessment, following the cost-income principle and taking the cost trade-off into account. The analysis tool is newsvendor model and its perspective—finding the critical point, which in tradition model stands for the demarcation point of profit but in this paper the is the least costs considering disruption costs and expected revenues. In this way, this paper tries to find out the optimum method to assess supply chain risks.

Keywords: Supply chain disruption; Risk assessment; Newsvendor model (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-32054-5_7

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DOI: 10.1007/978-3-642-32054-5_7

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