Agricultural Supply Chain Risk Management Under Price and Demand Uncertainty

نویسندگان

چکیده

Agricultural supply chain (ASC) plays a vital role for sustainability as it is the main source of food supply. ASC encounters more sources risk due to seasonality, perishability, and weather conditions, which makes global security system complex. This paper develops an optimization model perishable product decide optimal management strategy that maximizes decision maker's expected profit under demand price uncertainty. A base-case scenario considered show impact on performance improvement. The maker obtained different combination strategies, sensitivity analysis performed perishability percentage improvement from base case scenario. results backup supplier very effective during yield disruption, but not harvest disruption. Hence, single approach inadequate provide solution in all types scenarios; thus, approaches most effective.

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ژورنال

عنوان ژورنال: International journal of system dynamics applications

سال: 2021

ISSN: ['2160-9772', '2160-9799']

DOI: https://doi.org/10.4018/ijsda.2021040102