Multi-sourcing under supply uncertainty and Buyer's risk aversion
We address the combined problem of supplier (or vendor) selection and ordering decision when a buyer can choose to procure from multiple suppliers whose yields are uncertain and potentially correlated. We model this problem as a stochastic program with recourse in which the buyer purchases from the...
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| Format: | Article |
| Language: | English |
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Elsevier
2021-01-01
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| Series: | EURO Journal on Computational Optimization |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2192440621001362 |