2016 INFORMS Annual Meeting Program

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INFORMS Nashville – 2016
425
4 - Robust Data Collaboration Application For Large Teams
Haraldur Haraldsson, Optimization Specialist, AIMMS inc,
11711 SE 8th Street, #303, Suite 1780, Bellevue, WA, 98005,
United States,
For most analytic teams, collaboratively working with centralized data, data
conflicts and version control issues can substantially impact the team’s
performance. We will introduce a new application enabling robust collaborative
data management which controls multi-dimensional data, (backed up by a central
data repository) that enables large teams to make supply chain plans using the
latest up to date data, as well as exploring multiple scenarios without corrupting
the main data. This new way of working streamlines data management, saves
time, and improves team productivity.
5 - Reliable Biomass Supply Chain Design Under
Feedstock Seasonality
Wang Shukun, Huazhong University of science and technology,
Luoyu Road 1037, Wuhan, 430074, China,
We consider design of a reliable supply chain for biomass networks against
seasonal variations of feedstock and the risk of disruptions for collection facility in
which the disruption probability varies identify
location,inventory,biomass quantity and collection routing in a multiperiod
planing horizon setting.A variety of approaches (e.g,Lagrangian relaxation and
Benders decomposition)to solving the problem are assessed. Computational
results are provided to test the performance of the solution approach and realistic
case in Henan China are developed to offer managerial insights.
WB84
Broadway J- Omni
Supply Chain, Risk II
Contributed Session
Chair: Wenpo Huang, Post-Doctor, Shanghai Jiao Tong University,
1954 Huashan Rd., Xuhui, Shanghai, 200030, China,
1 - Loan Guarantee And Subsidy For Small And Medium Suppliers
Boray Huang, Eindhoven University of Technology, PO Box 513,
School of Industrial Engineering, Eindhoven, 5600MB,
Netherlands, Lei Jing
We investigate the the pros and cons of loan guarantee and subsidy for SME
suppliers in supply chains.
2 - Currency Exchange Rate Flexibility Contracts In Global
Supply Chain
Leke Ogunranti, PhD Student, Drexel University, Gerri C. Lebow
Hall 734, Decision Sciences, Philadelphia, PA, 19104, United
States, , Avijit Banerjee, Oben Ceryan
This paper investigates a decentralized supply chain under a newsvendor setting,
in which a supplier produces and delivers a single product to buyer, subsequently
receiving payment. We analyze the effect of random currency exchange rate
fluctuation on the order quantity of a risk neutral buyer, through a contract
involving mutually agreed upon thresholds on exchange rate variation. These
thresholds are designed to limit the potential loss incurred by either party.
3 - On The Structural Properties Of Wholesale Price Contracts Within
Random Yield Supply Chains
Guang Xiao, Assistant Professor, The Hong Kong Polytechnic
University, Hung Hom, Kowloon, Hong Kong,
, Panos Kouvelis
We consider a bilateral supply chain with supply random yield and propose three
variants of wholesale price contracts, which induce different risk allocations
between the supply chain parties. We completely characterize the Pareto set of
any contract type combination to fully explore the price negotiation possibilities
and profit improvement opportunities within the supply chain.
4 - Suboptimal Capacity Investments Under Information Asymmetry
Junhyun Bae, Student, Cornell University, Ithaca, NY, 14850,
United States, , William Schmidt
We investigate imperfect demand information sharing in a supply chain with an
external investor. We identify conditions under which firms will invest sub-
optimally in capacity, thereby exposing themselves and the supply chain to
disruption. We introduce an equity-sharing contract which can mitigate the
impact of the firm’s capacity choices. Our results show that supplier’s risk can be
reduced by sharing a portion of equity, and supplier’s involvement helps to
mitigate supply chain inefficiency due to information asymmetry.
5 - The Optimal Decision Of Dual Sourcing System Under Lead-time
And Price Uncertainties
Wenpo Huang, Post-Doctor, Shanghai Jiao Tong University,
1954 Huashan Rd., Xuhui, Shanghai, 200030, China,
Wei Jiang, Wenhui Zhao
We setup a dynamic programming model to study the sourcing decision of an
MTO manufacturer who decides whether to order a key component from a
contract supplier with fixed wholesale price but random lead-time and/or
purchase from spot market with fixed lead time but stochastic price. We show
there are at most two stop-waiting thresholds and the manufacturer purchases
from the spot market if the spot price is within the two thresholds and keeps on
waiting otherwise. We further establish the conditions under which only one
threshold exists and increases monotonically in time. Interestingly, we show the
spot price volatility in fact benefits the manufacturer.
WB85
Broadway K- Omni
Sustainability II
Contributed Session
Chair: Anthony Craig, Iowa State University, Ames, IA,
1 - Life Cycle Assessment For The Sustainable Supply Chain –
A Case Study
Chao Wen, Eastern Illinois University, 600 Lincoln Avenue,
Lumpkin Hall, Charleston, IL, 61920, United States,
Sustainable supply chain requires not only a competitive financial performance,
but better management of environmental and social impacts. Life cycle
assessment (LCA) is used to find the full range of environmental impact of the
product from cradle to grave. This study investigated the implication of LCA
through a case analysis of an organization in energy sector.
2 - Sustainable Product Development Based On Innovative Product
Opportunity Gap
Mohammad Hessam Olya, Wayne State University, 4815 Fourth
Street, Detroit, MI, 48202, United States,
Hamed Fazlollahtabar, Kai Yang
New product development (NPD) is significant to sustain market share and satisfy
customer needs. Different approaches proposed to handle NPD were mostly
focused on the customer and design requirements. In this work, with respect to
product opportunity gap (POG) concept, innovation analysis for a product is
performed based on market, design and process aspects. A dynamic programming
approach has been used to model our multi-dimensional problem. This integrated
approach provides sustainability for product design and development.
3 - Supply Chain Emissions And Firm Performance
Anthony Craig, Iowa State University, 3236 Gerdin Business
Building, Ames, IA, 50011, United States, ,
Sachin B Modi
We present a method to evaluate corporate carbon disclosures in relation to the
overall carbon impact of the supply chain. We also explore the firm performance
implications of publicly disclosed supply chain emissions.
WB88
Broadway B-Omni
Military Applications II
Contributed Session
Chair: Michael Atkinson, Naval Postgraduate School, 1411
Cunningham Road, Building 302, Monterey, CA, 93943-5219,
United States,
1 - Critical Resources
Richard F Deckro, Professor of Operations Research, Air Force
Institute of Technology, Afit/ENS; Bldg 641, 2950 Hobson Way,
Wright Patterson AFB, OH, 45433-7765, United States,
Resources are the key to any operation. The question of criticality of a resource or
resources can be characterized in relation to timing, availability, scarcity, and
replacement sources, among other factors. This study focus on approaches to
investigate the impact of resource availability on the delay, diversion, disruption,
and destruction of required resources where those resources may be commodities,
personnel, or intangibles.
WB88