Mitigating the effect of supply chain disruptions by using a combination of sales rebate contract and bi-directional option contract | |
| Author | Wijekoon, Wijekoon Mudiyanselage Arunika Sandani |
| Call Number | AIT Thesis no.ISE-21-25 |
| Subject(s) | Business logistics--Contracting out--Management Supply chain management |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial and Manufacturing Engineering |
| Publisher | Asian Institute of Technology |
| Abstract | We investigate a coordinating mechanism utilizing supply chin contracts in this paper. This supply chain is made up of a single retailer and two distinct suppliers (main supplier and the backup supplier). When the main supplier's is subjected to supply chain disruption, the profit functions for each member are developed. The main supplier is under sales rebate contract, while the backup supplier is under bi-directional option contract. In order to identify optimal ordering quantities, a mathematical model is created, and the impact of variable inputs on decision variables is examined using MATLAB programming. From the derived mathematical model, sensitivity analysis was conducted to investigate both the order quantities and profits of each member when various input parameters were varied. To assess the coordination capabilities of suggested contracts a comparison of centralized and decentralized systems was performed. |
| Year | 2021 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Department of Industrial Systems Engineering (DISE) |
| Academic Program/FoS | Industrial Systems Engineering (ISE) |
| Chairperson(s) | Huynh Trung Luong |
| Examination Committee(s) | Pisut Koomsap;Mongkol Ekpanyapong |
| Scholarship Donor(s) | Asian Institute of Technology Fellowship |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2021 |