• 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