Optimization Under Supplier Portfolio Risk Considering Breach of Contract and Market Risks.
(2018)
Journal Article
Wei, Q., Sak, H., Seshadri, S., & Haksöz, Ç. (2018). Optimization Under Supplier Portfolio Risk Considering Breach of Contract and Market Risks. Risk and Decision Analysis, 7(3-4), 77-89. https://doi.org/10.3233/rda-180049
We consider a two-period sourcing and production problem. First, a firm (OEM) sources from multiple suppliers who have limited capacity and correlated disruption risk. After the supply is realized, the firm also has access to the spot market for the... Read More about Optimization Under Supplier Portfolio Risk Considering Breach of Contract and Market Risks..