Uncertainty on the supply side is a common issue planners face. How do decision-makers incorporate inventory uncertainty when placing orders? We investigate ordering decisions under two forms of regarding total available to satisfy demand: (SU; unreliability in incoming shipments) and record inaccuracy (IRI; internal inefficiencies leading discrepancy between physical recorded inventories). The...

Rapid changes in business and the advent of Internet, have made supply chain management (SCM) important in determining the sustainable growth of companies. However, in a complex hierarchical network that links upstream to downstream firms, several uncertain factors affect the performance of a supply chain. Accordingly, mitigating the deleterious impact of uncertainty is important in planning a ...

today, the real problem in iran is a supply and demand problem in all aspects of the economy. from skilled and semi- skilled manapower (ssm) perspective, supply and demand are repidly changing but in opposite directions (ellig, 1990). on the demand side, the emphasis is on a skilled and semi- skilled workforce, but on the supply side, entrylevel workers are high school graduates who are functio...

This paper explores the differences between demand and supply uncertainty in multi-echelon supply chains. Our central premise is that the insights gained from the study of one type of uncertainty often do not apply to the other. In fact, the two types of uncertainty are in a sense mirror images of each other, in that the optimal strategy for coping with supply uncertainty may be exactly opposit...

This paper models a key aspect of real estate market uncertainty, i.e. the frequent mismatch between office demand and supply under the impact of the macro economy, macroeconomic policy and the domestic stock market. The dynamic interaction of this aspect of the office sector’s market uncertainty is structured under the demand-side and supply-side aspects. Prices in the form of office rents, to...

Supply chain risk uncertainty can create severe repercussions, thus it is not surprising that research interest in supply chain risk has been growing. While extant inquiry is informative, there is a lack of investigations that center on supply chain investment decisions when facing high levels of risk uncertainty. Given the potential dollar value involved in these decisions, an understanding of...