1 AIT Asian Institute of Technology

Supply chain coordination with a hybrid capacity reservation and option contract

AuthorMyat Zin
Call NumberAIT Thesis no.ISE-24-19
Subject(s)Business logistic--Mathemetical models
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
AbstractA hybrid capacity reservation and option contract model was investigated in this research. This supply chain comprises single retailer and two separate suppliers (main and backup). Demand is regarded as a random variable following a uniform distribution. Each member's profit functions are developed in the event of disruption in the supply chain. A capacity reservation contract is considered for the main supplier, whereas a bidirectional option contract is considered for the backup supplier. To determine optimal order quantities, we develop a mathematical model for profit functions. We analyze how changing inputs impacts decision variables using MATLAB. Additionally, sensitivity analysis allows us to investigate how the profit functions respond and to assess the effectiveness of contracts.
Year2024
TypeThesis
SchoolSchool of Engineering and Technology
DepartmentDepartment of Industrial Systems Engineering (DISE)
Academic Program/FoSIndustrial and Manufacturing Engineering (IME)
Chairperson(s)Huynh, Trung Luong
Examination Committee(s)Manukid Parnichkun;Mongkol Ekpanyapong
Scholarship Donor(s)His Majesty the King’s Scholarship (Thailand)
DegreeThesis (M. Eng.) - Asian Institute of Technology, 2024


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