Responsive contingency planning in supply risk management by considering congestion effects

Responsive contingency planning in supply risk management by considering congestion effects

0.00 Avg rating0 Votes
Article ID: iaor20141936
Volume: 48
Issue: 11
Start Page Number: 19
End Page Number: 35
Publication Date: Oct 2014
Journal: Omega
Authors: , ,
Keywords: planning, risk
Abstract:

  • We develop a contingency planning model for supply chains with dual sourcing.
  • We model the response characteristics of the backup supplier with congestion effects.
  • Supplier response speed is selected to mitigate major disruptions.
  • We report the impact of ignoring congestion in various risk settings.
  • Considering congestion is especially critical for risk‐neutral decision makers.
  • Reviews

    Required fields are marked *. Your email address will not be published.