Procurement Strategy with Backup Sourcing under Stochastic Supply Risk
Supply risk can have a negative impact on a manufacturer’s performance. Backup sourcing is one of the most commonly used strategies to mitigate the adverse consequences of supply risks. In this paper, we study a procurement strategy with backup sourcing when a manufacturer faces stochastic supply ri...
Saved in:
| Main Authors: | Yixin Zhang, Xifu Wang |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2019-01-01
|
| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2019/3541352 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Similar Items
-
Retailer’s Optimal Procurement Strategy under Supply Disruption and Stochastic Demand: Backup Sourcing or Simultaneous Sourcing
by: Feng Lin, et al.
Published: (2020-01-01) -
Electricity Procurement Strategies under Supply Disruption and Price Fluctuation
by: Jie Tan, et al.
Published: (2022-01-01) -
Dual-Source Procurement Strategies of Emergency Materials Considering Risk Attitudes
by: Yan Hou, et al.
Published: (2022-01-01) -
An Energy Calculation Method of Pitch Backup Power Supply Based on Design Load Cases
by: LI Gaoyu, et al.
Published: (2025-02-01) -
Backup with Storage in a Database
by: S. M. Taranin
Published: (2016-08-01)