The focus of this paper is placed on evaluating the impacts of supply disruption risks on the choice between the famous single and dual sourcing methods in a two-stage supply chain with a non-stationary and price-sensitive demand. The expected profit functions of the two sourcing modes in the...

As more supply chains are becoming dependent upon suppliers, an interruption of supply networks can obstruct the functionality of the entire supply chain. The purpose of this paper is to present what we believe is a useful way to think about the number of suppliers needed in the presence of...

In today׳s complex global environment, it is very important for a firm to possess backup supply resource when facing unpredictable disruptions from its primary supply resource. To ensure the actual arrival of backup supply in cases of primary supply disruptions, a purchasing firm needs to work...