A Supply Chain Network Game Theory Model with Product Differentiation, Outsourcing of Production and Distribution, and Quality and Price Competition

A Supply Chain Network Game Theory Model with Product Differentiation, Outsourcing of Production and Distribution, and Quality and Price Competition
Title A Supply Chain Network Game Theory Model with Product Differentiation, Outsourcing of Production and Distribution, and Quality and Price Competition PDF eBook
Author Anna Nagurney
Publisher
Pages 0
Release 2016
Genre
ISBN

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In this paper, we develop a supply chain network game theory model with product differentiation, possible outsourcing of production and distribution, and quality and price competition. The original firms compete with one another in terms of in-house quality levels and product flows, whereas the contractors, aiming at maximizing their own profits, engage in competition for the outsourced production and distribution in terms of prices that they charge and their quality levels. The solution of the model provides each original firm with its optimal in-house quality level as well as its optimal in-house and outsourced production and shipment quantities that minimize the total cost and the weighted cost of disrepute, associated with lower quality levels and the impact on a firm's reputation. The governing equilibrium conditions of the model are formulated as a variational inequality problem. An algorithm, which provides a discrete-time adjustment process and tracks the evolution of the product flows, quality levels, and prices over time, is proposed and convergence results given. Numerical examples are provided to illustrate how such a supply chain network game theory model can be applied in practice. The model is relevant to products ranging from pharmaceuticals to fast fashion to high technology products.

Competing on Supply Chain Quality

Competing on Supply Chain Quality
Title Competing on Supply Chain Quality PDF eBook
Author Anna Nagurney
Publisher Springer
Pages 399
Release 2016-05-30
Genre Business & Economics
ISBN 3319254510

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This book lays the foundations for quality modeling and analysis in the context of supply chains through a synthesis of the economics, operations management, as well as operations research/management science literature on quality. The reality of today's supply chain networks, given their global reach from sourcing locations to points of demand, is further challenged by such issues as the growth in outsourcing as well as the information asymmetry associated with what producers know about the quality of their products and what consumers know. Although much of the related literature has focused on the micro aspects of supply chain networks, considering two or three decision-makers, it is essential to capture the scale of supply chain networks in a holistic manner that occurs in practice in order to be able to evaluate and analyze the competition and the impacts on supply chain quality in a quantifiable manner. This volume provides an overview of the fundamental methodologies utilized in this book, including optimization theory, game theory, variational inequality theory, and projected dynamical systems theory. It then focuses on major issues in today's supply chains with respect to quality, beginning with information asymmetry, followed by product differentiation and branding, the outsourcing of production, from components to final products, to quality in freight service provision. The book is filled with numerous real-life examples in order to emphasize the generality and pragmatism of the models and tools. The novelty of the framework lies in a network economics perspective through which the authors identify the underlying network structure of the various supply chains, coupled with the behavior of the decision-makers, ranging from suppliers and manufacturers to freight service providers. What is meant by quality is rigorously defined and quantified. The authors explore the underlying dynamics associated with the competitive processes along with the equilibrium solutions. As appropriate, the supply chain decision-makers compete in terms of quantity and quality, or in price and quality. The relevance of the various models that are developed to specific industrial sectors, including pharmaceuticals and high technology products, is clearly made. Qualitative analyses are provided, along with effective, and, easy to implement, computational procedures. Finally, the impacts of policy interventions, in the form of minimum quality standards, and their ramifications, in terms of product prices, quality levels, as well as profits are explored. The book is filled with many network figures, graphs, and tables with data.

Artificial Intelligence Algorithms and Applications

Artificial Intelligence Algorithms and Applications
Title Artificial Intelligence Algorithms and Applications PDF eBook
Author Kangshun Li
Publisher Springer Nature
Pages 811
Release 2020-05-25
Genre Computers
ISBN 981155577X

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This book constitutes the thoroughly refereed proceedings of the 11th International Symposium on Intelligence Computation and Applications, ISICA 2019, held in Guangzhou, China, in November 2019. The 65 papers presented were carefully reviewed and selected from the total of 112 submissions. This volume features the most up-to-date research in evolutionary algorithms, parallel computing and quantum computing, evolutionary multi-objective and dynamic optimization, intelligent multimedia systems, virtualization and AI applications, smart scheduling, intelligent control, big data and cloud computing, deep learning, and hybrid machine learning systems.The papers are organized according to the following topical sections: new frontier in evolutionary algorithms; evolutionary multi-objective and dynamic optimization; intelligent multimedia systems; virtualization and AI applications; smart scheduling; intelligent control; big data and cloud computing; statistical learning.

Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications

Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications
Title Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications PDF eBook
Author Management Association, Information Resources
Publisher IGI Global
Pages 2100
Release 2020-02-07
Genre Business & Economics
ISBN 1799824497

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Globalization, accelerated by information technologies, has increased the speed of business transactions and has reduced the distances between international businesses. This growth has transformed the realm of foreign investment in countries around the world, calling for a methodological approach to planning feasible capital investment proposals in general and foreign direct investment projects. Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications is a vital reference source that explores the importance of global stocks to economic structures and explores the effects that these holdings have on the financial status of nations. It also provides a systems approach to investment projects in a globalized and open society. Highlighting a range of topics such as foreign direct investors, risk analysis, and sourcing strategies, this multi-volume book is ideally designed for business managers, executives, international companies, entrepreneurs, researchers, academicians, graduate students, policymakers, investors, and project managers.

Algorithms and Computational Techniques Applied to Industry

Algorithms and Computational Techniques Applied to Industry
Title Algorithms and Computational Techniques Applied to Industry PDF eBook
Author Jorge Luis García Alcaraz
Publisher Springer Nature
Pages 460
Release 2022-06-21
Genre Technology & Engineering
ISBN 3031008561

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This book presents algorithms and computational applications integrated in software that are being applied in the industry. It shows how companies using these tools are more competitive and efficient in the use and resources management. The book is organized in three sections, depending on the supply chain stage: procurement, including contact with costumers and product design; Production process, including relationship with suppliers and among departments; and Distribution, including logistics and transportation.

Supply Chain Network Capacity Competition with Outsourcing

Supply Chain Network Capacity Competition with Outsourcing
Title Supply Chain Network Capacity Competition with Outsourcing PDF eBook
Author Anna Nagurney
Publisher
Pages 33
Release 2020
Genre
ISBN

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This paper develops a supply chain network game theory framework with multiple manufacturers/producers, with multiple manufacturing plants, who own distribution centers and distribute their products, which are distinguished by brands, to demand markets, while maximizing profits and competing non-cooperatively. The manufacturers also may avail themselves of external distribution centers for storing their products and freight service provision. The manufacturers have capacities associated with their supply chain network links and the external distribution centers also have capacitated storage and distribution capacities for their links, which are shared among the manufacturers and competed for. We utilize a special case of the Generalized Nash Equilibrium problem, known as a variational equilibrium, in order to formulate and solve the problem. A case study on apple farmers in Massachusetts is provided with various scenarios, including a supply chain disruption, to illustrate the modeling and methodological framework as well as the potential benefits of outsourcing in this sector.

Handbook of Research on Managerial Strategies for Achieving Optimal Performance in Industrial Processes

Handbook of Research on Managerial Strategies for Achieving Optimal Performance in Industrial Processes
Title Handbook of Research on Managerial Strategies for Achieving Optimal Performance in Industrial Processes PDF eBook
Author Alor-Hernández, Giner
Publisher IGI Global
Pages 707
Release 2016-05-03
Genre Business & Economics
ISBN 1522501312

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Competitive advantage is a key factor to the success of any business in modern society. To achieve this goal, effective strategies for process improvement must be researched and implemented into an organization. The Handbook of Research on Managerial Strategies for Achieving Optimal Performance in Industrial Processes examines optimization techniques for improved business operations and procedures in the industrial sector. Highlighting management techniques, innovative approaches, and technological tools, this publication is an essential reference source for professionals, researchers, consultants, upper-level students, and academicians interested in the advancement of knowledge in industrial communities.