This paper addresses the problem of determining the sale price and the production quantity under supply uncertainty. The problem is commonly observed in the agricultural industry. We consider a firm that initially leases farm space in order to grow fruit. The realized amount of fruit supply fluctuates due to weather conditions, diseases, etc. At the end of the growing season, the firm makes two...

This article develops supply contracts covering environments with changing prices. We investigate characterization properties of the price processes, while considering costs and discount factors. We determine expressions of the contract’s expected low price and its second moment for a given horizon. We then employ these expected price and second moment values to identify an expected optimum tim...

Purpose – The purpose of this research is to contrast manufacturing and service sector supply chains in order to develop an audit methodology capable of providing objective, cross-sector comparisons of supply chain integration performance. Design/Methodology/approach – A robust, site-based multi-method supply chain diagnostic for detecting manufacturing supply chain system uncertainty (QSAM) wa...

Yield uncertainty presents great challenges to supply chain management, which affects market and thus the profits of all parties. In context a comprising retailer multiple potential suppliers with random yields, we examine impact yield on suppliers' entry decisions, how it retailer's profit consumer surplus. We find that initially increases number entering market, then decreases, is negatively ...

To address the collaborative replenishment problem of enterprise supply logistics, a Supply-hub-based decision model is constructed from perspective horizontal collaboration among suppliers and introduction component demurrage costs product out-of-stock penalty costs. The number participating in system, level impact demand uncertainty on operational cost logistics are analysed. results show tha...

In recent years, there has been a proliferation of interest in resilience in the supply chain field. Even though literature has acknowledged the antecedents of resilient supply chains, such as supply chain visibility, cooperation, and information sharing, their confluence in creating resilient supply chains where other behavioural issues are prevailing (i.e. trust and behavioural uncertainty) h...

In this paper, we describe our on-going research on uncertainty analysis in Multi-agent Systems for Supply Chain Management (MASCM). In a MASCM, an agent consists of automation processes within a legal entity in the specific supply chain network. It conducts supply chain planning, execution and cooperation on behalf of its owner. Each day these agents have to process a large volume of data from...