Modular Supply chain optimization considering demand uncertainty to manage risk
Modular Supply chain optimization considering demand uncertainty to manage risk
复制标题
考虑需求不确定性的模块化供应链优化以管理风险
DOI:
10.1002/aic.17367
复制
发表时间:
2021
期刊:
影响因子:
3.7
通讯作者:
M. Ierapetritou
中科院分区:
文献类型:
--
作者:
Atharv Bhosekar;Oluwadare Badejo;M. Ierapetritou
Supply chain under demand uncertainty has been a challenging problem due to increased competition and market volatility in modern markets. Flexibility in planning decisions makes modular manufacturing a promising way to address this problem. In this work, the problem of multiperiod process and supply chain network design is considered under demand uncertainty. A mixed integer two‐stage stochastic programming problem is formulated with integer variables indicating the process design and continuous variables to represent the material flow in the supply chain. The problem is solved using a rolling horizon approach. Benders decomposition is used to reduce the computational complexity of the optimization problem. To promote risk‐averse decisions, a downside risk measure is incorporated in the model. The results demonstrate the several advantages of modular designs in meeting product demands. A pareto‐optimal curve for minimizing the objectives of expected cost and downside risk is obtained.