Optimal Model for Manufacturers Multi-Products Supply-Production-Distribution Process Based on CVaR
This paper presents the optimization model of manufacturers supply-production-distribution process with the conditional value at risk (CVaR). By our model, we may get the optimal strategy of materials purchasing and the optimal strategy of production in a business cycle. Numerical experiments show that our model can help manufacturers purchase appropriate quantities of raw materials from several suppliers, produce appropriate quantities of products, and then sell the products to several retailers with appropriate price, as well as the evasion of risk of the uncertainty of demand.
Manufacturer Supply-production-distribution Conditional Value at Risk (CVaR) Optimization
JIANG Min XIA Huan MENG Zhiqing
College of Business and Administration. Zhejiang University of Technology, Hangzhou 310023. China
国际会议
The 5th International Conference on Management Technology(2010年第五届太原技术管理国际研讨会)
太原
英文
467-472
2010-08-20（万方平台首次上网日期，不代表论文的发表时间）