Managing Demand Uncertainty in Supply Chain Planning

Topics:
Sourcing
Tags:
Business Operations,
Logistics,
Manufacturing,
Reed Elsevier Inc.,
Supply Chain,
Uncertainty
Source:
Reed Elsevier

FREE Registration is required

Overview: The paper describes a stochastic programming based approach to model the planning process as it reacts to demand realizations unfolding over time. In the proposed bi-level framework, the manufacturing decisions are modeled as 'here-and-now' decisions, which are made before demand realization. Subsequently, the logistics decisions are postponed in a 'wait and- see' mode to optimize in the face of uncertainty. In addition, the trade-off between customer satisfaction level and production costs is also captured in the model. The proposed model provides an effective tool for evaluating and actively managing the exposure of enterprises assets to market uncertainties.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 355KB | Date: Feb 2003 | Pages: 9

People who downloaded this item also downloaded

White Paper Last Things First: Embracing A Product Life-Cycle Framework
White Paper Role of Supply Chain Management Decisions in Effective Inventory Control
White Paper Midterm Supply Chain Planning Under Demand Uncertainty: Customer Demand Satisfaction and Inventory Management
White Paper CRM Plays Crucial, Often Confusing Role In SCM
Presentation Conducting An Environmental Analysis

Top results from Sourcing

White Paper Preventing Data Breaches in Privileged Accounts Using Access Control
White Paper More interoperability, plus 3 years Red Hat support, only from Novell
White Paper Red Hat support, patches, updates with the interoperability of Novell
White Paper Automating Complete PO Document Packages for Procure-to-Pay Performance with ERP Systems
White Paper How to simplify the IT infrastructure with end-to-end automation of document processes

» View all Sourcing listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).