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Measurement and optimization of supply chain...
Journal article

Measurement and optimization of supply chain responsiveness

Abstract

This article considers make-to-order supply chains with multiple stages where each stage is completed in a random length of time. An order that is placed in stage 1 is considered fulfilled when all of the stages are completed. The responsiveness of such a supply chain is defined as the probability that an order placed now will be fulfilled within t time units. The responsiveness of the supply chain is optimized by maximizing the probability …

Authors

Hum S-H; Parlar M

Journal

IIE Transactions, Vol. 46, No. 1, pp. 1–22

Publisher

Taylor & Francis

Publication Date

January 2, 2014

DOI

10.1080/0740817x.2013.783251

ISSN

0740-817X