In todays highly competitive market, firms have to focus on their core competencies to achieve success. While enjoying the benefits of building a highly integrated supply chain, firms also expose themselves to uncertain events, which are generally called as risks. Considering the importance of...

A common challenge facing all businesses today is the increasingly uncertain environments in which they operate. These uncertainties have been magnified in the context of global supply chains. Most of the Operations Research literature ignores an important component of the system, the Decision...

The retail food industry has sales of over a trillion dollars. Most of these products are perishable in nature. This thesis deals with the development of multi period ordering policies for the perishable products with fixed shelf lives and finite replenishment lead times.In this thesis, simple...

The main focus of the thesis is to develop an optimal procurement policy for raw materials, that is, reorder points and optimal order quantities, for a multinational company. We develop a multiple period mixed integer programming model that takes into account the variation in demand that occurs...

For the past several decades, advances in manufacturing and supply chain management have improved the business environment. Nonetheless, dynamics, such as various unexpected disruptions and uncertainties, in business operations have significant impact on decision-making efficiency. Adoption of...

In todays rapidly changing global world, the sustainability of an organization depends not only upon its financial performance, but also upon its environmental and social performance. It is suggested that policy makers, and corporate and engineering managers integrate economic, environmental and...

Industry leaders in todays global market strive for continuous improvement in order to remain competitive. One method used by firms for cutting costs and improving efficiency is Design for Supply Chain (DFSC). The objective of this methodology is to design the supply chain in parallel to...

Since 1990 many countries have started a deregulation process in the electricity wholesale market with a view to gaining in efficiency, lowering prices and encouraging investments. In most of the markets these objectives have been accomplished, but at the same time, prices have shown high...