Title: Supply chain design in perfect competition

Authors: Terry L. Friesz, Changhyun Kwon

Addresses: Department of Industrial and Manufacturing Engineering, The Pennsylvania State University, 310 Leonhard Building, University Park, PA 16802, USA. ' Department of Industrial and Systems Engineering, University of Buffalo, SUNY, 400, Bell Hall, Buffalo, NY, 14260, USA

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.

Keywords: supply chain design; optimal control; dynamic traffic assignment; supply chain management; SCM; perfect competition.

DOI: 10.1504/IJSOI.2008.021343

International Journal of Services Operations and Informatics, 2008 Vol.3 No.3/4, pp.340 - 356

Published online: 19 Nov 2008 *

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