Quantitative Analysis of Multi-Periodic Supply Chain Contracts With Options Via Stochastic Programming - Archive ouverte HAL Access content directly
Reports Year :

Quantitative Analysis of Multi-Periodic Supply Chain Contracts With Options Via Stochastic Programming

(1) ,
1
J. P. Vial
  • Function : Author

Abstract

We propose a stochastic programming approach for quantitative analysis of supply contracts, involving flexibility, between a buyer and a supplier, in a supply chain framework. Specifically, we consider the case of multi-periodic contracts in the face of correlated demands. To design such contracts, one has to estimate the savings or costs induced for both parties, as well as the optimal orders and commitments. We show how to model the stochastic process of the demand and the decision problem for both parties using the algebraic modeling language AMPL. The resulting linear programs are solved with a commercial linear programming solver. We compute the economic performance of these contracts, giving evidence that this methodology allows to gain insight into realistic problems.
Not file

Dates and versions

hal-00596232 , version 1 (26-05-2011)

Identifiers

  • HAL Id : hal-00596232 , version 1

Cite

Christian van Delft, J. P. Vial. Quantitative Analysis of Multi-Periodic Supply Chain Contracts With Options Via Stochastic Programming. 2001. ⟨hal-00596232⟩

Collections

HEC CNRS LARA
36 View
0 Download

Share

Gmail Facebook Twitter LinkedIn More