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http://dx.doi.org/10.5762/KAIS.2010.11.9.3304

Robust production and transportation planning for TFT-LCD industry under demand and price uncertainties using scenario model  

Shin, Hyun-Joon (Dept. of Management Engineering, Sangmyung University)
Ru, Jae-Pil (Dept. of Management Engineering, Sangmyung University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.11, no.9, 2010 , pp. 3304-3310 More about this Journal
Abstract
This study solves the decision making problems for TFT-LCD manufacturing supply chain with demand and price uncertainties by establishing robust production and distribution strategies. In order to control the decisions regarding production graded by quality, inventory level and distribution, this study develop scenario model based stochastic mixed integer linear programs (SMILPs) that consider demand and price uncertainties as well as realistic constraints such as capacities etc. The performance of the solution obtained from the SMILPs using robust algorithms will be evaluated through various scenarios.
Keywords
TFT-LCD; Supply Chain Management; Demand & Price Uncertainties; Stochastic Programming;
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