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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Optimal Global Supply Chain And Warehouse Planning Under Uncertainty, Avnish Kishor Malde
Optimal Global Supply Chain And Warehouse Planning Under Uncertainty, Avnish Kishor Malde
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A manufacturing company's inbound supply chain consists of various processes such as procurement, consolidation, and warehousing. Each of these processes is the focus of a different chapter in this dissertation.
The manufacturer depends on its suppliers to provide the raw materials and parts required to manufacture a finished product. These suppliers can be located locally or overseas with respect to the manufacturer's geographic location. The ordering and transportation lead times are shorter if the supplier is located locally. Just In Time (JIT) or Just In Sequence (JIS) inventory management methods could be practiced by the manufacturer to procure the raw …
Selected Interdiction Games With Uncertain, Risk-Averse, And Simultaneous Play Considerations, Di H. Nguyen
Selected Interdiction Games With Uncertain, Risk-Averse, And Simultaneous Play Considerations, Di H. Nguyen
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This dissertation examines two network interdiction problems: a shortest-path interdiction problem under uncertainty and a network interdiction problem in a simultaneous game. Both problems happen in two stages over a directed network, and involve a leader and a follower who have opposing interests.
In the first problem, the leader acts first to lengthen a subset of arcs, and a follower acts second to select a shortest path across the network. The cost for a follower’s arc consists of a base cost if the arc is not interdicted, plus an additional cost that is incurred if the arc is interdicted. The …
Performance Based Decisions Under Uncertainty And Risk, Sundeep Samson
Performance Based Decisions Under Uncertainty And Risk, Sundeep Samson
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Decision making has became increasingly complex as risky decisions are made in uncertain environments. To minimize risk, the problem of quantifying risk becomes very significant. In our review of the literature, we found a number of different risk measures. A closer study reveals that most of these risk measures define both risk and uncertainty in many different ways.
In this dissertation, we model uncertainty and risk based on the Knightian definition of uncertainty and risk. We propose this alternative modeling paradigm and introduce our decision making methodology by solving an illustrative problem presented by a group of decision makers from …