The price-setting newsvendor problem, which models the economic trade-offs associated with uncertain demand of a perishable product, is fundamental to supply chain analysis. However, in settings such as agriculture, there is significant economic risk associated with supply uncertainty. We analyze how risk aversion and the source of uncertainty—demand and/or supply—affect tractability and optima...

Supply chain models describe the activities carried out in the process industry. They are used to design and operate complex sequences of tasks that transform raw materials and deliver final products to markets. Many optimization models have been developed for supply chain planning because they offer the possibility of finding strategies that lead to greater economic benefits. The traditional m...

This paper empirically examines the impact of environmental uncertainty, intra-organizational facilitators, and interorganizational relationships on information sharing and information quality in supply chain management. Based on the data collected from 196 organizations, multiple regression analyses are used to test the factor impacting information sharing and information quality respectively....

The blood supply chain as a part of healthcare systems play a substantial role in health improvement within societies, and blood supply for daily needs and especially in disasters is the challenges requiring more attention. This paper presents a fuzzy-stochastic mixed integer linear programming model to design blood supply chain network for disaster relief. To deal with the uncertainty in model...

This paper develops a model for the closed-loop supply chain network design with disruption risk. By considering supply disruption, two factors including extra inventory and lateral transshipment are used as resilience strategies. The main purpose is to reduce the supply chain costs due to the location decisions, quantity of products between different levels and lost sale. Disruption in a suppl...

This research considers a supply chain under the following conditions: (i) two heterogeneous suppliers are in competition, (ii) supply capacity is random and pricing is endogenous, (iii) consumer demand, with and without an intermediate retailer, is price dependent. Specifically, we examine how uncertainty in supply capacity affects optimal ordering and pricing decisions, supplier and retailer ...

The main purpose of this research was to build on Fisher’s (1997) seminal article. First, it expands on the Fisher framework by empirically establishing the link between the firm’s environmental characteristics and the firm’s level of supply chain fit (SCF). The results indicate a negative relationship between environmental uncertainty and SCF indicating that, as the level of environmental unce...

In this article, we offer a supply-side explanation of two striking patterns in European unemployment as compared with that of other member countries of the OECD (Organization for Economic Cooperation and Development). (See figure 1 and table 1.) The first pattern is that of average unemployment rates. These were similar for European and non-European OECD countries during the 1960s and 1970s, b...