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Networking is an inevitable solution to help companies make a response to dramatic changes in market environment rapidly. Such interdependence in networks presents great operating risk to all of the participants. This paper introduces the risk identification, classification and assessment of in supply networks. An optimal production and inventory location problem in supply networks under demand and transmission capacity uncertainty is presented and a Monte Carlo simulation method is used to solve this linear mix-integer stochastic programming problem. Some study cases are given at the end of the paper.
Advanced Management Science (ICAMS), 2010 IEEE International Conference on (Volume:2 )
Date of Conference: 9-11 July 2010