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We study a hybrid strategy that uses both process flexibility and finished goods inventory for supply chain risk … mitigation. The interplay between process flexibility and inventory is modeled as a two-stage robust optimization problem. In the … of flexibility designs known as the K-chains, our analysis shows that the optimal inventory decision critically depends …
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flexibility supply chain – as well as the supplier development and inventory control towards the supply chain effectiveness … – The study finds that all supply chain strategies, namely, supply chain visibility, supply chain flexibility, supplier …
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