Journal of Korean Institute of Industrial Engineers (대한산업공학회지)

Korean Institute of Industrial Engineers (대한산업공학회)
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Optimality of the Sole Sourcing under Random Yield

불확실한 수율하에서 단일소싱의 최적성

  • Received : 2015.02.17
  • Accepted : 2015.05.11
  • Published : 2015.06.15
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Abstract

Though the supplier diversification is considered as a vital tool to mitigate the risk due to supply chain disruptions, there are results which show the optimality of the sole sourcing. This paper further generalizes the results to show that the sole sourcing is optimal under very mild conditions. Discussion on why the sole sourcing is optimal is given with the insight on the value of supplier diversification.

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References

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