Supply chain design in perfect competition Online publication date:: Wed, 19-Nov-2008
by Terry L. Friesz, Changhyun Kwon
International Journal of Services Operations and Informatics (IJSOI), Vol. 3, No. 3/4, 2008
Abstract: In this paper, we apply the theory of optimal control and theory of traffic assignment for supply chain design in perfect competition. We model the time staging and generalised routing of input factors needed for production by a firm. The production process will typically involve several stages, and as such is described by paths through a production network whose nodes are the various stages of production. We develop an algorithm and test it for a small numerical example.
Online publication date:: Wed, 19-Nov-2008
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