Optimal Supply Diversification Strategy under Supply Disruption

When a disruption caused by human or environmental accident occurs in production systems, it may cause a shortage of the supply, and thus the buyers’ procurement behaviors will be influenced. This paper studies a supply chain comprised of a buyer and two types of suppliers: one is cheap but unreliab...

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Bibliographic Details
Main Authors: Xiaomeng Luo, Jia Ren
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2020/8686371