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In this article, we study the design problem of a reliable stochastic supply chain network in the presence of random disruptions in the location of distribution centers (DCs) and the transportation modes. It is assumed that a disrupted DC does not necessarily fail the whole of its capacity, and may lose a fraction of that, and rest of demand can be served by other DCs. We introduce a new strategy...
In this paper, we present a stochastic supply chain network model under risk, in which three tiers of decision makers of suppliers, distribution centers (DCs), and customers seek to determine their optimal plans. Unlike other studies in the extant literature, we use financial risk measure to model and for the first time, a new methodology based on finance literature is used to optimize the conditional...
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