Management of financial and consumer satisfaction risks in supply chain design.

GUILLÉN, GONZALO; MELE, FERNANDO D.; BAGAJEWICZ, MIGUEL J.; ESPUÑA, ANTONIO; PUIGJANER, LUIS

13th European Symposium on Computer Aided Process Engineering (ESCAPE-13)

Elsevier

Lugar: Amsterdam; Año: 2003; p. 419 - 424

In this article the design of a supply chain consisting of several production plants, warehouses and distribution centers is considered introducing uncertainty and using a two stage stochastic model. The model takes into account profit over the time horizon and considers consumer satisfaction. Financial risk and the risk of not meeting the consumer satisfaction are considered and managed at the design stage. The result of the model is a set of Pareto optimal curves that can be used for decision making.