Song, Dong-Ping; Dong, Jing-Xin; Xu, Jingjing - In: European Journal of Operational Research 232 (2014) 3, pp. 522-536
procurement and production control using the stochastic dynamic programming approach. We then investigate the supplier base … relationships between the supplier base size, the supplier capabilities and the total expected cost are established. Insights into … the trade-off between the supplier base reduction and the supplier capability improvement, and quantify the supplier …