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Advancement of Computing Methodology, Data Analysis, Enterprise Operation Management and Decision Support System Based on the Eleventh ICMSEM Proceedings Read chapter Read first chapter

2018 | OriginalPaper | Chapter

A Novel Multi-Objective Programming Model Based on Transportation Disruption in Supply Chain with Insurance Contract

Authors : Kai Kang, Jing Zhao, Yanfang Ma

Published in: Proceedings of the Eleventh International Conference on Management Science and Engineering Management

Publisher: Springer International Publishing

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Abstract

Supply chain risk management is becoming increasingly a hot research issue. When the disruption occurs, insurance can be used to reduce the risk. In this paper, we set a novel multi-objective programming model based on transportation disruption in supply chain with insurance contract in order to protect the whole supply chain members. Then use a case to investigate the applicability of this model. From this mathematical model, we obtain the optimal order quantity and the pure premium, which can help the manufacture and the retailer make a better plan. And the insurance can protect the manufacturer and the retailer’s profits. In the future, the insurance will be used in supply chains widely.

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previous chapter Research on Integration of Livestock Products Supply Chain Based on the Optimal Match Between Supply and Demand
next chapter An Interval-Parameter Based Two-Stage Stochastic Programming for Regional Electric Power Allocation
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Metadata
Title
A Novel Multi-Objective Programming Model Based on Transportation Disruption in Supply Chain with Insurance Contract
Authors
Kai Kang
Jing Zhao
Yanfang Ma
Copyright Year
2018
Book
Proceedings of the Eleventh International Conference on Management Science and Engineering Management

Print ISBN: 978-3-319-59279-4

Electronic ISBN: 978-3-319-59280-0

Copyright Year: 2018

DOI
https://doi.org/10.1007/978-3-319-59280-0_91

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