Algorithm for determining the optimal flow in Supply Chains, considering multi-criteria conditions and stochastic processes
DOI:
https://doi.org/10.17721/1812-5409.2021/2.15Keywords:
flow, Supply Chain, Supply Chain graph, multicriteria problem, stochastic programming, algorithm for finding the maximum flow in the Supply ChainAbstract
One of the main criteria for planning and evaluating supply chains is the indicator of the flow capacity, which affects the structure of the supply graph, terms of supply, risks, opportunities and the need to differentiate supply channels. The paper analyse an algorithm for calculating the optimal value of the flow in supply chains, taking into account the requirements and expectations of key stakeholders in the supply process. The algorithm provides for finding a balance between "requirements" and "expectations" by mathematical modelling of a multicriteria problem for each side of the supply process. It proposed to use the obtained parameters for calculating multicriteria problems as "input" data for an iterative algorithm for finding the optimal flow value. The proposed model allows one to take into account probabilistic fluctuations in processes by using stochastic programming. The model allows the parties to the procurement process to consider alternative proposals before the formation of contractual obligations, that is, based on residual capacity after choosing the best alternative.
Pages of the article in the issue: 109 - 116
Language of the article: Ukrainian
References
SU Y-F, YANG C. (2010) Why are enterprise resource planning systems indispensable to supply chain management? European Journal of Operational Research. 203(1), p.81-94.
STADTLER H. (2005) Supply chain management and advanced planning — basics, overview and challenges. European Journal of Operational Research. 163(3), p.575-588.
DOUGLAS M LAMBERT, MARTHA C COOPER. (2000) Issues in supply chain management. ndustrial marketing management. Elsevier. 29(1), p. 65-83.
ALAN RUSHTON, PHIL CROUCHER and PETER BAKER. (2014) The Handbook of Logistics and Distribution Management: Understanding the Supply Chain. 5th Ed. London: Kogan Page Ltd.
COSTINOT, A., J. VOGEL, and S. WANG. (2013) An Elementary Theory of Global Supply Chains. The Review of Economic Studies, 80(1), p.109-144.
SUKATI I, HAMID A.B., BAHARUN R., and YUSOFF R.M. (2012) The study of supply chain management strategy and practices on supply chain performance. Procedia - Social and Behavioral Sciences. 40(1), p.225-233.
JACK MEREDITH, SCOTT SHAFER. (2016) Operations and Supply Chain Management for MBAs. 6th Ed. Hoboken: John Wiley & Sons
JORGE LUIS GARCÍA-ALCARAZ, CUAUHTÉMOC SÁNCHEZ-RAMÍREZ, LILIANA AVELAR-SOSA, and GINER ALOR-HERNÁNDEZ. (2020). Techniques, Tools and Methodologies Applied to Global Supply Chain Ecosystems. Cham: Springer International Publishing.
HOKEY MIN. (2015) Essentials of Supply Chain Management, The: New Business Concepts and Applications. Hoboken: Pearson FT Press.
ADEBISI ADEWOLE, JOHN J. STRUTHERS. (2019). Logistics and Global Value Chains in Africa. The Impact on Trade and Development. Cham: Palgrave Macmillan.
IDC. (2021) The PC Shipment Wave Continues as Volumes Are Forecast to Grow 18.2% in 2021 with a 5-Year CAGR of 2.5%, According to IDC. [Online] Available from: https://www.idc.com/getdoc.jsp?containerId=prUS47523121&utm_medium=rss_feed&utm_source=alert&utm_campaign=rss_syndication. [Accessed: 19th September 2021].
HAMDY A. TAHA. (2017) Operations Research: An Introduction. 10th Ed. NJ: Pearson Education Inc.
Зайченко О.Ю., Зайченко Ю.П. Дослідження операцій. Збірник задач. - Київ: Видавничий Дім «Слово», 2007. - 472 с.
HOSANG JUNG, FENGSHAN FRANK CHEN, AND BONGJU JEONG. (2007) Trends in Supply Chain Design and Management. Berlin: Springer.
Кобзарь А.И. «Прикладная математическая статистика. Для инженеров и научных работников». - Москва: ФИЗМАТЛИТ, 2006. - 816 с.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
