Supply Chain Optimization under Uncertainty

Barrie Michael Cole

in Vernon Press Titles in Economics from Vernon Art and Science Inc

Abstract: Drawing on cutting-edge research, this book proposes a new 'Supply Chain Optimization under Uncertainty’, technology. Its application can bring many proven benefits to supply chain entities, any associated service providers, and, of course, the customers. The technology can provide the best design and operating solution for a Supply Chain Network (SCN) that is subject to any prevailing conditions of Operational Uncertainty (OU). A SCN is defined as a network of production facilities, distribution centers and retail sales outlets. OU is defined as any relevant combination of i) multiple process objectives e.g. a business needs to maximize operating profits and to minimize inventory levels, ii) fuzziness ( , or >=) e.g. sales

Date: 2014 Written 2014-04-21
Edition: 1
ISBN: 978-1-62273-016-2
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