Ordering Decision in Dual-sourcing Supply Chain with Substitute Product
- https://doi.org/10.2991/icemet-16.2016.431How to use a DOI?
- substitute product; demand uncertainty; supply uncertainty; ordering decision.
This paper builds a model of a supply chain with substitute product, which consists of a reliable supplier, an unreliable supplier and a retailer. Then I research retailers` ordering decision when the supply and demand is uncertain at the same time. The results show that in a supply chain with substitute product, with the increase of inventory costs and demand uncertainty, retailers will increase the amount of orders from unreliable suppliers; and with the increase of the shortage penalty cost, retailers will increases the amount of orders from reliable suppliers. Finally, I verify the result by the Numerical example.
- © 2016, 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/).
Cite this article
TY - CONF AU - Guoyu Ni AU - Yong Xie PY - 2016/05 DA - 2016/05 TI - Ordering Decision in Dual-sourcing Supply Chain with Substitute Product BT - Proceedings of the 2016 International Conference on Economy, Management and Education Technology PB - Atlantis Press SP - 1878 EP - 1881 SN - 2352-5398 UR - https://doi.org/10.2991/icemet-16.2016.431 DO - https://doi.org/10.2991/icemet-16.2016.431 ID - Ni2016/05 ER -