A portfolio approach to managing procurement risk using multi-stage stochastic programming

Journal of the Operational Research Society

Volumn 62, Issue 11, 2011, Pages 1958-1970

  Shi, Y ^a,b   Wu, F ^c   Chu, L K ^b   Sculli, D ^b   Xu, Y H ^b  

^a SOUTH CHINA UNIVERSITY OF TECHNOLOGY   (China)

^b UNIVERSITY OF HONG KONG   (Hong Kong)

^c XI'AN JIAOTONG UNIVERSITY   (China)

Author keywords

portfolio procurement approach; procurement risk; risk mitigation; stochastic programming

Indexed keywords

AIR CONDITIONING; COMMERCE; RISK ASSESSMENT; RISK MANAGEMENT; STOCHASTIC PROGRAMMING; STOCHASTIC SYSTEMS; SUPPLY CHAIN MANAGEMENT; VALUE ENGINEERING;

CONDITIONAL VALUE-AT-RISK; LONG-TERM CONTRACTS; MULTI-STAGE STOCHASTIC PROGRAMMING; NUMERICAL EXPERIMENTS; PORTFOLIO PROCUREMENT APPROACH; PROCUREMENT DECISIONS; RISK MITIGATION; STOCHASTIC DEMAND;

STOCHASTIC MODELS;

EID: 80053497109     PISSN: 01605682     EISSN: 14769360     Source Type: Journal    
DOI: 10.1057/jors.2010.149     Document Type: Article

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