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Research On Supply Chain Recovery Strategy Under Disruption Risks, Yang Yi, Peng Chen, Yujiu Yang, Yulong Wang

Journal of System Simulation

Abstract: Aiming at supply chain disruptions, two effective supply chain recovery strategies are proposed, namely, a supplier’s preset emergency inventory strategy and a manufacturer’s product change strategy, meanwhile, emergency inventory storage cost and products return rate after change are also taken into consideration. In order to maximize the manufacturer’s profit and customer satisfaction, a single-objective model and a bi-objective model are established, respectively. The optimization problems in the two models are transformed into mixed integer programming problems, moreover, corresponding solution algorithms are presented based on ILOG CPLEX. The simulation results show that the disruption recovery strategies proposed can not only …