DocumentCode
2238078
Title
The Research on Adjustment Ability of Logistics System
Author
Xiu-qing Liu ; Liang Sun
Author_Institution
Sch. of Transp. & Vehicle Eng., Shandong Univ. of Technol., Zibo
Volume
2
fYear
2008
fDate
19-19 Dec. 2008
Firstpage
183
Lastpage
186
Abstract
The modeling methods available can not describe impacts of adjustment ability of logistics system on payoff and cost of logistics system. In view of such a fact, theorem of adjustment ability of logistics system in supply chain circumstance on condition that payoff of supply chain is a unique increasing process was proposed. A sequence of MGF (moment generating function) of out-of-goods risk process for logistics system is a martingale. The model we proposed can overcome shortcomings of previous ones which canpsilat describe characteristics of adjustment ability of logistics system. At last, Simulations results coincide with theoretical analysis.
Keywords
logistics; supply chain management; adjustment ability; logistics system; martingale; moment generating function; out-of-goods risk process; supply chain; Automotive engineering; Cost function; Information management; Logistics; Random variables; Road transportation; Seminars; Sun; Supply chains; Vehicles; logistics engineering; logistics system; martingale;
fLanguage
English
Publisher
ieee
Conference_Titel
Business and Information Management, 2008. ISBIM '08. International Seminar on
Conference_Location
Wuhan
Print_ISBN
978-0-7695-3560-9
Type
conf
DOI
10.1109/ISBIM.2008.258
Filename
5116451
Link To Document