Robust Planning for High-Tech Supply Chain Networks under Uncertainty

Sungwon Yoo; Hyun Joon Shin

doi:10.17485/ijst/2015/v8iS1/60709

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Robust Planning for High-Tech Supply Chain Networks under Uncertainty

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Indian Journal of Science and Technology

DOI: 10.17485/ijst/2015/v8iS1/60709

Year: 2015, Volume: 8, Issue: Supplementary 1, Pages: 1-7

Original Article

Robust Planning for High-Tech Supply Chain Networks under Uncertainty

Sungwon Yoo¹ , Hyun Joon Shin^2*

¹Department of Convergence, Graduate School, Sangmyung University, Cheonan, 330-720, South Korea
² Department of Management Engineering, Sangmyung University, Cheonan, 330-720, South Korea; [email protected]

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

The decision making on production and distribution for high-tech companies is one of most important work in terms of right time and accuracy as well as total cost. This study proposes an efficient robust production and distribution planning methodology to cope with demand uncertainty inherent in supply chain networks of high-tech manufacturing. Computational experiments show that the performance of the proposed method is superior to that of deterministic approach using various scenarios.
Keywords: High-Tech Industries, Uncertainty, Production, Distribution, Supply Chain Networks, Robustness.