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- W2122892941 abstract "Risk management is an inherent part of supplier selection. While companies are enjoying the benefits of outsourcing, risks brought by this practice should be taken into account in the process of decision making. This paper presents a multiobjective stochastic sequential supplier allocation model to help in supplier selection under uncertainty. Demand for products, capacities at suppliers as well as transportation and other variable costs are the main sources of uncertainty and are modeled using probability distributions. Disruptions are exogenous events and the model provides proactive mitigation strategies against disruptions by assigning backup suppliers who can be used in case of a default at a primary supplier. When there is no disruption, the model’s solution is an optimal supplier order assignment, considering operational risks." @default.
- W2122892941 created "2016-06-24" @default.
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- W2122892941 date "2011-09-01" @default.
- W2122892941 modified "2023-10-10" @default.
- W2122892941 title "A multiobjective chance constrained programming model for supplier selection under uncertainty" @default.
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- W2122892941 doi "https://doi.org/10.1016/j.trb.2011.02.007" @default.
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