An Multi-objective Model under Considering Disruption Risk and Scenario Analysis for Order Allocation in a Supply Chain Environment An Integrated Multi-objective Model for Order Allocation

DOI

10.2991/gecss-14.2014.81How to use a DOI?

Keywords

order allocation, supply chain, purchasing cost, disruption risk

Abstract

Within a supply chain, order allocation plays a key role for procurement management. This paper researches a company can order crucial raw materials, for example crude oil, from multiple suppliers. At the same time, order allocation is an important multiple criteria decision making problem including cost, disruption risk, quality and service etc. We wish the total purchasing cost is minimized, and we can gain a high service quality. Meanwhile, we defined different disruption penalty function in three scenarios. Finally, we have developed an integrated multi-objective decision model to optimize order allocation.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wei Pan
AU  - Fengxia Wang
PY  - 2014/01
DA  - 2014/01
TI  - An Multi-objective Model under Considering Disruption Risk and Scenario Analysis for Order Allocation in a Supply Chain Environment An Integrated Multi-objective Model for Order Allocation
BT  - Proceedings of the 2014 International Conference on Global Economy, Commerce and Service Science
PB  - Atlantis Press
SP  - 325
EP  - 327
SN  - 1951-6851
UR  - https://doi.org/10.2991/gecss-14.2014.81
DO  - 10.2991/gecss-14.2014.81
ID  - Pan2014/01
ER  -