Research on supply chain network equilibrium problem with multi-type suppliers

Author

Zhang Gui-tao ; Sun Hao ; Hu Jin-song

Author_Institution

Sch. of Manage. Sci. & Eng., Qingdao Univ., Qingdao, China

fYear

2014

fDate

25-27 June 2014

Firstpage

1

Lastpage

5

Abstract

A supply chain network equilibrium problem with two-type suppliers is investigated, in which the manufacturer´s risk-averse character and the price rigidities of consumer market are considered. The behaviors of various decision makers including the suppliers, the manufactures, the retailers and the consumers are modeled via finite-dimensional variational inequality, respectively. Then the governing supply chain network equilibrium model is established. The logarithmic-quadratic proximal prediction-correction algorithm is designed to solve the model. Finally numerical examples are given to analyze the impact of price ceiling, raw material conversion rates under different BOM, and risk-averse degree of the manufacturer upon the network equilibrium and a series of management insights are obtained.

Keywords

predictor-corrector methods; pricing; supply chain management; BOM; consumer market; decision makers; finite-dimensional variational inequality; logarithmic-quadratic proximal prediction-correction algorithm; manufacturer risk-averse character; multitype suppliers; price ceiling; price rigidity; raw material conversion rates; retailers; supply chain network equilibrium problem; two-type suppliers; Artificial neural networks; Cost function; Government; Manganese; Raw materials; Supply chains; multi-type suppliers; price rigidities; risk averse; supply chain network; variational inequalities;

fLanguage

English

Publisher

ieee

Conference_Titel

Service Systems and Service Management (ICSSSM), 2014 11th International Conference on

Conference_Location

Beijing

Print_ISBN

978-1-4799-3133-0

Type

conf

DOI

10.1109/ICSSSM.2014.6874124

Filename

6874124