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Conference Paper: A simulation study on supply chain performance with uncertainty using contract
Title | A simulation study on supply chain performance with uncertainty using contract |
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Authors | |
Issue Date | 2005 |
Publisher | IEEE, Computer Society. The Journal's web site is located at http://www.ieee.org |
Citation | IEEE International Symposium on Intelligent Control Proceedings, the 13th Mediterrean Conference on Control and Automation Proceedings, Limassol, Cyprus, 27-29 June, 2005, p. 814-819 How to Cite? |
Abstract | Traditional optimization techniques have been proposed in order to improve the performance of supply chains. Although these approaches have been shown to be effective, most of them were developed without considering uncertainties in order to simplify the analysis. In distributed supply chains, participating members are not under a sole control of a central authority, the problem is even more stringent due to incomplete information sharing. One way to improve the system performance is to achieve coordination among participating parties through establishment of contracts. The main objective of this paper is to propose a coordination mechanism with early order completion contract to minimize the negative impacts of demand uncertainty. Performance of the system is measured in terms of cost and fill rate. Simulation results indicate that the proposed contract approach is able to improve the performance measures of the system subjects to uncertain demand. ©2005 IEEE. |
Persistent Identifier | http://hdl.handle.net/10722/46551 |
References |
DC Field | Value | Language |
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dc.contributor.author | Chan, FTS | en_HK |
dc.contributor.author | Chan, HK | en_HK |
dc.date.accessioned | 2007-10-30T06:52:44Z | - |
dc.date.available | 2007-10-30T06:52:44Z | - |
dc.date.issued | 2005 | en_HK |
dc.identifier.citation | IEEE International Symposium on Intelligent Control Proceedings, the 13th Mediterrean Conference on Control and Automation Proceedings, Limassol, Cyprus, 27-29 June, 2005, p. 814-819 | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/46551 | - |
dc.description.abstract | Traditional optimization techniques have been proposed in order to improve the performance of supply chains. Although these approaches have been shown to be effective, most of them were developed without considering uncertainties in order to simplify the analysis. In distributed supply chains, participating members are not under a sole control of a central authority, the problem is even more stringent due to incomplete information sharing. One way to improve the system performance is to achieve coordination among participating parties through establishment of contracts. The main objective of this paper is to propose a coordination mechanism with early order completion contract to minimize the negative impacts of demand uncertainty. Performance of the system is measured in terms of cost and fill rate. Simulation results indicate that the proposed contract approach is able to improve the performance measures of the system subjects to uncertain demand. ©2005 IEEE. | en_HK |
dc.format.extent | 211070 bytes | - |
dc.format.extent | 4385 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.format.mimetype | text/plain | - |
dc.language | eng | en_HK |
dc.publisher | IEEE, Computer Society. The Journal's web site is located at http://www.ieee.org | en_HK |
dc.relation.ispartof | Proceedings of the 20th IEEE International Symposium on Intelligent Control, ISIC '05 and the 13th Mediterranean Conference on Control and Automation, MED '05 | en_HK |
dc.rights | ©2005 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE. | - |
dc.title | A simulation study on supply chain performance with uncertainty using contract | en_HK |
dc.type | Conference_Paper | en_HK |
dc.identifier.email | Chan, FTS: ftschan@hkucc.hku.hk | en_HK |
dc.identifier.authority | Chan, FTS=rp00090 | en_HK |
dc.description.nature | published_or_final_version | en_HK |
dc.identifier.doi | 10.1109/.2005.1467119 | en_HK |
dc.identifier.scopus | eid_2-s2.0-33745190761 | en_HK |
dc.identifier.hkuros | 100529 | - |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-33745190761&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 2005 | en_HK |
dc.identifier.spage | 814 | en_HK |
dc.identifier.epage | 819 | en_HK |
dc.identifier.scopusauthorid | Chan, FTS=7202586517 | en_HK |
dc.identifier.scopusauthorid | Chan, HK=13104905800 | en_HK |