• DocumentCode
    3576494
  • Title

    The optimal ordering quantity with uncertain food´s safety environment

  • Author

    Shu-Yen Hsu ; Lin, Tyrone T.

  • Author_Institution
    Dept. of Bus. Adm., Nat. Dong Hwa Univ., Hualien, Taiwan
  • fYear
    2014
  • Firstpage
    6
  • Lastpage
    10
  • Abstract
    Under the deterioration of food safety environment of food suppliers and the uncertainty of food safety of the purchased food by individual manufacturer, this study aims to establish a mathematical model standard basis as a reference for decision evaluation on the optimal order quantity of food raw materials to satisfy the maximum expected returns, according to the food safety situations and market acceptance (optimistic/normal/pessimistic), thus affecting procurement costs and selling prices.
  • Keywords
    costing; food safety; procurement; decision evaluation; food raw materials; food suppliers; market acceptance; optimal ordering quantity; procurement costs; selling prices; uncertain food safety environment; Analytical models; Business; Mathematical model; Numerical models; Raw materials; Safety; Standards; Uncertain food safety environment; decision-making; expected profit; food raw material suppliers; optimal order quantity;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management (IEEM), 2014 IEEE International Conference on
  • Type

    conf

  • DOI
    10.1109/IEEM.2014.7058589
  • Filename
    7058589