Title :
Multi-periods disruption management for a capacity injured system
Author :
Xing, Bao ; Di, Xiao
Author_Institution :
Sch. of Bus. Adm., Zhejiang Gongshang Univ., Hangzhou, China
Abstract :
The capacity disruption of China Telecom Corporation (CTC) suffered in 2006´s earthquake is first reviewed. Then a multi-period disruption management model with the consideration of decision maker´s risk attitude is presented to answer two questions: (1) what impact will decision maker´s risk attitude will have on the decision process, (2) whether dual capacity sourcing is better than the single one? Sensitivity analysis to critical input parameters is examined through numerical examples, which provide 3 meaningful managerial insights for how to improve the effect of disruption management while cut down the disruption cost.
Keywords :
decision making; risk analysis; sensitivity analysis; telecommunication industry; China telecom corporation; capacity injured system; decision making; dual capacity sourcing; multiperiod disruption management model; risk attitude; sensitivity analysis; Cost function; Maintenance engineering; Numerical models; Sensitivity analysis; Supply chains; Telecommunications; capacity sourcing; disruption management; multi-periods; risk attitude;
Conference_Titel :
Management Science and Engineering (ICMSE), 2010 International Conference on
Conference_Location :
Melbourne, VIC
Print_ISBN :
978-1-4244-8116-3
DOI :
10.1109/ICMSE.2010.5719801