1 AIT Asian Institute of Technology

Using a combination of option and quantity flexibility contracts to deal with supply disruption

AuthorSalgado, Susith
NoteA thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial and Manufacturing Engineering
PublisherAsian Institute of Technology
AbstractIn this research a supply system which consists of a single retailer sourcing from two suppliers was investigated. Supply disruption was introduced to the system and a backup supplier was introduced to mitigate it. A mathematical model of this system was derived in order to determine optimal order quantities the retailer should place to the two suppilers in order to maximize his profit. From the derived mathematical model, sensitivity analysis was also conducted to investigate both the order quantities and profits of each member when various input parameters were varied. Finally, the model of the proposed contracts was tested to determine the coordination efficiency by comparing the total supply chain profits in the centralized and decentralized system
Year2019
TypeThesis
SchoolSchool of Engineering and Technology (SET)
DepartmentDepartment of Industrial Systems Engineering (DISE)
Academic Program/FoSMicroelectronics (ME)
Chairperson(s)Huynh Trung Luong;
Examination Committee(s)Pisut Koomsap;Mongkol Ekpanyapong;
Scholarship Donor(s)AIT Fellowship;
DegreeThesis (M. Eng.) -- Asian Institute of Technology, 2019


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