We study the impact of yield uncertainty (supply side) and self-interested consumers (demand side) on the inefficiency in the influenza vaccine supply chain. Previous economic studies, focusing on demand side, find that the equilibrium demand is always less than the socially optimal demand since self-interested individuals do not internalize the social benefit of protecting others via reduced i...

Uncertainties in demand and supply, which are two major contributions to system dynamics, are unavoidable attributes in supply chains. Agent technology has been a renowned enabler to achieve flexibility and adaptability, which are regarded as the distinctive characteristics of future supply chains, to overcome system dynamics (Chan and Chan, 2005). In order to testify the usefulness of these ch...

The financial crisis has clearly shown the vulnerability of our global economy. New innovative tools are therefore needed to improve supply chain management thus contributing to recover from the economy slowdown. In this work we have developed a stochastic model for the automotive supply chain, dealing with uncertainty, and supporting strategic and tactical decisionmaking. This model takes into...

With increased attention of renewable energy, a large number of photovoltaic (PV) power generators are expected to be installed into power systems in Japan. In this situation, we consider a problem to make an appropriate schedule on the following day based on the prediction of demand and PV power generation. Since the PV/demand prediction includes nonnegligible uncertainty, we need to devise a ...

In the recent decades, rapid population growth has led to the significant increase in food demand. Food supply chain has always been one of the most important and challenging management issues. Product with short age, especially foodstuffs, is the most problematic challenges for supply chain management. These challenges are mainly due to the diversity in the number of these goods, the special n...