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...