Supply Chain Design in Perfect Competition
supply chain design, optimal control, dynamic traffic assignment, supply chain management, SCM, perfect competition
Digital Object Identifier (DOI)
In this paper, we apply the theory of optimal control and theory of traffic assignment for supply chain design in perfect competition. We model the time staging and generalised routing of input factors needed for production by a firm. The production process will typically involve several stages, and as such is described by paths through a production network whose nodes are the various stages of production. We develop an algorithm and test it for a small numerical example.
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Citation / Publisher Attribution
International Journal of Services Operations and Informatics, v. 3, issue 3-4, p. 340-356
Scholar Commons Citation
Friesz, Terry L. and Kwon, Changhyun, "Supply Chain Design in Perfect Competition" (2008). Industrial and Management Systems Engineering Faculty Publications. 17.