Management decision making under uncertainty in the Supply Chain

Citation:
Carvalho, H., and V. Cruz-Machado. "Management decision making under uncertainty in the Supply Chain." Atlanta, USA, 2005.

Abstract:

Logistics performance can be affected by the presence of uncertainties in the decision making process. To reduce decision making uncertainties, a topology of sources of supply chain ({SC)} uncertainty is proposed, in order to identify different types of uncertainty. A conceptual framework is developed for the analysis of decision making uncertainty sources in {SC’s}, providing the basis for the design and selection of improved {SC} scenarios. A case study is presented to illustrate the potential of simulation techniques in modeling scenarios for the Supply Chain: a set of performance measures is proposed, and results are obtained based on a predetermined selection criterion.

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