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MOPTA 05
July 25-27, 2005, Windsor ON Canada
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MOPTA 05 Presentation Information


Title:
Optimal Acquisition Policy for a Supply Network with Discount Schemes and Uncertain Demands
Presenter:
Liping Ma
Presenter's Affiliation:
IMSE department, University of Windsor
Presenter's E-mail address:
ma1b@uwindsor.ca
Authors:
Liping Ma, Guoqing Zhang
Abstract (100 words or less):
A supply network consisting of a manufacturer and a number of suppliers is considered, where the manufacturer produces multiple products with uncertain demands and the suppliers offer both business volume discount and quantity discount schemes. A mixed integer nonlinear programming model is developed with the objective of maximizing the profit of the manufacturer under quality, delivery capacity, and production capacity constraints. A solution method based on GAMS and related solvers is presented to find optimal order quantities from selected vendors.