Supply Chain Design in Perfect Competition

Authors

Terry L. Friesz, Pennsylvania State University
Changhyun Kwon, University at BuffaloFollow

Document Type

Article

Publication Date

2008

Keywords

supply chain design, optimal control, dynamic traffic assignment, supply chain management, SCM, perfect competition

Digital Object Identifier (DOI)

https://doi.org/10.1504/IJSOI.2008.021343

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.

Was this content written or created while at USF?

No

Citation / Publisher Attribution

International Journal of Services Operations and Informatics, v. 3, issue 3-4, p. 340-356

Scholar Commons Citation

Friesz, Terry L. and Kwon, Changhyun, "Supply Chain Design in Perfect Competition" (2008). Industrial and Management Systems Engineering Faculty Publications. 17.
https://digitalcommons.usf.edu/egs_facpub/17