The optimal recovery-fund based strategy for uncertain supply chain disruptions: A risk-averse two-stage stochastic programming approach

•Jointly optimized the supply chain location, inventory and recovery management.•Addressed uncertain disruptions on plant production capacities.•Proposed a recovery investment strategy to adjust the recovery speed and duration.•Developed a risk-averse two-stage stochastic model and a decomposition m...

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Bibliographic Details

Published in:	Transportation research. Part E, Logistics and transportation review Vol. 152; p. 102387
Main Authors:	Zhu, Xiaoyan, Cao, Yunzhi
Format:	Journal Article
Language:	English
Published:	Elsevier Ltd 01.08.2021
Subjects:	Location-inventory-transportation model Recovery-fund based mitigation strategy Risk-averse two-stage stochastic programming Supply chain disruption management Trust-region-based decomposition method Supply chain disruption management Trust-region-based decomposition method Recovery-fund based mitigation strategy Risk-averse two-stage stochastic programming Location-inventory-transportation model
ISSN:	1366-5545, 1878-5794
Online Access:	Get full text
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