Decision support for optimal adaptation of product and supply chain systems based on real options theory

被引:1
|
作者
Park, Chong Hyun [1 ]
Patil, Lalit [2 ]
Saitou, Kazuhiro [2 ]
Romeijn, Edwin [1 ]
机构
[1] Univ Michigan, Dept Ind & Operat Engn, Ann Arbor, MI 48109 USA
[2] Univ Michigan, Dept Mech Engn, Ann Arbor, MI 48109 USA
来源
2009 IEEE INTERNATIONAL CONFERENCE ON AUTOMATION SCIENCE AND ENGINEERING | 2009年
基金
美国国家科学基金会;
关键词
D O I
10.1109/COASE.2009.5234119
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
In order to remain profitable in the highly competitive global market, a manufacturing enterprise is expected to proactively adapt itself in anticipation of unplanned, but foreseeable high impact events. This paper presents a decision model for optimal adaptation of product and supply chain systems subject to sudden, severe changes in the operating environment. Extending our previous work [1], decision-tree based framework is developed for optimally choosing design-supplier alternatives in multi-product, multi-echelon product and supply chain systems based on the real options theory. A case study on a two-component, two-echelon supply chain is presented which highlights unique characteristics of product quality as compared to cost and time.
引用
收藏
页码:316 / +
页数:2
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