Mid-term planning optimization model with sales contracts under demand uncertainty

Autores
Rodriguez, Maria Analia; Vecchietti, Aldo
Año de publicación
2012
Idioma
inglés
Tipo de recurso
artículo
Estado
versión publicada
Descripción
Uncertainty modeling is a challenging topic in supply chain and operation management. When planning material purchase and stock levels, demand uncertainty could have an important impact on the plan results and its feasibility. Additionally, uncertainty could greatly affect customer satisfaction, inventory costs and company profits. From a modeling perspective, problems considering uncertainty are difficult to tackle and lead to complex optimization approaches. This work proposes a mid-term planning model dealing with sales contracts to diminish the effect of uncertainty. Another interesting feature is given by the selection of different price levels. Price elasticity functions are introduced for each customer in order to jointly decide demand targets and prices. A linear generalized disjunctive programming model is developed. Short execution time shows that this model can be applied to analyze several real scenarios to decide material purchase plan, inventory levels, sales strategies, prices and demand levels in a medium term horizon planning.
Fil: Rodriguez, Maria Analia. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe. Instituto de Desarrollo y Diseño. Universidad Tecnológica Nacional. Facultad Regional Santa Fe. Instituto de Desarrollo y Diseño; Argentina
Fil: Vecchietti, Aldo. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe. Instituto de Desarrollo y Diseño. Universidad Tecnológica Nacional. Facultad Regional Santa Fe. Instituto de Desarrollo y Diseño; Argentina
Materia
DEMAND UNCERTAINTY
PLANNING
CONTRACTS
GENERALIZED DISJUNCTIVE PROGRAMMING
Nivel de accesibilidad
acceso abierto
Condiciones de uso
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
Repositorio
CONICET Digital (CONICET)
Institución
Consejo Nacional de Investigaciones Científicas y Técnicas
OAI Identificador
oai:ri.conicet.gov.ar:11336/157729
Acceder
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network_acronym_str CONICETDig
repository_id_str 3498
network_name_str CONICET Digital (CONICET)
spelling Mid-term planning optimization model with sales contracts under demand uncertaintyRodriguez, Maria AnaliaVecchietti, AldoDEMAND UNCERTAINTYPLANNINGCONTRACTSGENERALIZED DISJUNCTIVE PROGRAMMINGhttps://purl.org/becyt/ford/2.4https://purl.org/becyt/ford/2Uncertainty modeling is a challenging topic in supply chain and operation management. When planning material purchase and stock levels, demand uncertainty could have an important impact on the plan results and its feasibility. Additionally, uncertainty could greatly affect customer satisfaction, inventory costs and company profits. From a modeling perspective, problems considering uncertainty are difficult to tackle and lead to complex optimization approaches. This work proposes a mid-term planning model dealing with sales contracts to diminish the effect of uncertainty. Another interesting feature is given by the selection of different price levels. Price elasticity functions are introduced for each customer in order to jointly decide demand targets and prices. A linear generalized disjunctive programming model is developed. Short execution time shows that this model can be applied to analyze several real scenarios to decide material purchase plan, inventory levels, sales strategies, prices and demand levels in a medium term horizon planning.Fil: Rodriguez, Maria Analia. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe. Instituto de Desarrollo y Diseño. Universidad Tecnológica Nacional. Facultad Regional Santa Fe. Instituto de Desarrollo y Diseño; ArgentinaFil: Vecchietti, Aldo. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe. Instituto de Desarrollo y Diseño. Universidad Tecnológica Nacional. Facultad Regional Santa Fe. Instituto de Desarrollo y Diseño; ArgentinaPergamon-Elsevier Science Ltd2012-12-20info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_6501info:ar-repo/semantics/articuloapplication/pdfapplication/pdfapplication/pdfhttp://hdl.handle.net/11336/157729Rodriguez, Maria Analia; Vecchietti, Aldo; Mid-term planning optimization model with sales contracts under demand uncertainty; Pergamon-Elsevier Science Ltd; Computers and Chemical Engineering; 47; 20; 20-12-2012; 227-2360098-13541873-4375CONICET DigitalCONICETenginfo:eu-repo/semantics/altIdentifier/doi/10.1016/j.compchemeng.2012.06.040info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0098135412002244info:eu-repo/semantics/openAccesshttps://creativecommons.org/licenses/by-nc-sa/2.5/ar/reponame:CONICET Digital (CONICET)instname:Consejo Nacional de Investigaciones Científicas y Técnicas2025-09-03T09:49:06Zoai:ri.conicet.gov.ar:11336/157729instacron:CONICETInstitucionalhttp://ri.conicet.gov.ar/Organismo científico-tecnológicoNo correspondehttp://ri.conicet.gov.ar/oai/requestdasensio@conicet.gov.ar; lcarlino@conicet.gov.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:34982025-09-03 09:49:06.94CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicasfalse
dc.title.none.fl_str_mv Mid-term planning optimization model with sales contracts under demand uncertainty
title Mid-term planning optimization model with sales contracts under demand uncertainty
spellingShingle Mid-term planning optimization model with sales contracts under demand uncertainty
Rodriguez, Maria Analia
DEMAND UNCERTAINTY
PLANNING
CONTRACTS
GENERALIZED DISJUNCTIVE PROGRAMMING
title_short Mid-term planning optimization model with sales contracts under demand uncertainty
title_full Mid-term planning optimization model with sales contracts under demand uncertainty
title_fullStr Mid-term planning optimization model with sales contracts under demand uncertainty
title_full_unstemmed Mid-term planning optimization model with sales contracts under demand uncertainty
title_sort Mid-term planning optimization model with sales contracts under demand uncertainty
dc.creator.none.fl_str_mv Rodriguez, Maria Analia
Vecchietti, Aldo
author Rodriguez, Maria Analia
author_facet Rodriguez, Maria Analia
Vecchietti, Aldo
author_role author
author2 Vecchietti, Aldo
author2_role author
dc.subject.none.fl_str_mv DEMAND UNCERTAINTY
PLANNING
CONTRACTS
GENERALIZED DISJUNCTIVE PROGRAMMING
topic DEMAND UNCERTAINTY
PLANNING
CONTRACTS
GENERALIZED DISJUNCTIVE PROGRAMMING
purl_subject.fl_str_mv https://purl.org/becyt/ford/2.4
https://purl.org/becyt/ford/2
dc.description.none.fl_txt_mv Uncertainty modeling is a challenging topic in supply chain and operation management. When planning material purchase and stock levels, demand uncertainty could have an important impact on the plan results and its feasibility. Additionally, uncertainty could greatly affect customer satisfaction, inventory costs and company profits. From a modeling perspective, problems considering uncertainty are difficult to tackle and lead to complex optimization approaches. This work proposes a mid-term planning model dealing with sales contracts to diminish the effect of uncertainty. Another interesting feature is given by the selection of different price levels. Price elasticity functions are introduced for each customer in order to jointly decide demand targets and prices. A linear generalized disjunctive programming model is developed. Short execution time shows that this model can be applied to analyze several real scenarios to decide material purchase plan, inventory levels, sales strategies, prices and demand levels in a medium term horizon planning.
Fil: Rodriguez, Maria Analia. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe. Instituto de Desarrollo y Diseño. Universidad Tecnológica Nacional. Facultad Regional Santa Fe. Instituto de Desarrollo y Diseño; Argentina
Fil: Vecchietti, Aldo. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Santa Fe. Instituto de Desarrollo y Diseño. Universidad Tecnológica Nacional. Facultad Regional Santa Fe. Instituto de Desarrollo y Diseño; Argentina
description Uncertainty modeling is a challenging topic in supply chain and operation management. When planning material purchase and stock levels, demand uncertainty could have an important impact on the plan results and its feasibility. Additionally, uncertainty could greatly affect customer satisfaction, inventory costs and company profits. From a modeling perspective, problems considering uncertainty are difficult to tackle and lead to complex optimization approaches. This work proposes a mid-term planning model dealing with sales contracts to diminish the effect of uncertainty. Another interesting feature is given by the selection of different price levels. Price elasticity functions are introduced for each customer in order to jointly decide demand targets and prices. A linear generalized disjunctive programming model is developed. Short execution time shows that this model can be applied to analyze several real scenarios to decide material purchase plan, inventory levels, sales strategies, prices and demand levels in a medium term horizon planning.
publishDate 2012
dc.date.none.fl_str_mv 2012-12-20
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
http://purl.org/coar/resource_type/c_6501
info:ar-repo/semantics/articulo
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/11336/157729
Rodriguez, Maria Analia; Vecchietti, Aldo; Mid-term planning optimization model with sales contracts under demand uncertainty; Pergamon-Elsevier Science Ltd; Computers and Chemical Engineering; 47; 20; 20-12-2012; 227-236
0098-1354
1873-4375
CONICET Digital
CONICET
url http://hdl.handle.net/11336/157729
identifier_str_mv Rodriguez, Maria Analia; Vecchietti, Aldo; Mid-term planning optimization model with sales contracts under demand uncertainty; Pergamon-Elsevier Science Ltd; Computers and Chemical Engineering; 47; 20; 20-12-2012; 227-236
0098-1354
1873-4375
CONICET Digital
CONICET
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/doi/10.1016/j.compchemeng.2012.06.040
info:eu-repo/semantics/altIdentifier/url/https://www.sciencedirect.com/science/article/pii/S0098135412002244
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
eu_rights_str_mv openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-sa/2.5/ar/
dc.format.none.fl_str_mv application/pdf
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Pergamon-Elsevier Science Ltd
publisher.none.fl_str_mv Pergamon-Elsevier Science Ltd
dc.source.none.fl_str_mv reponame:CONICET Digital (CONICET)
instname:Consejo Nacional de Investigaciones Científicas y Técnicas
reponame_str CONICET Digital (CONICET)
collection CONICET Digital (CONICET)
instname_str Consejo Nacional de Investigaciones Científicas y Técnicas
repository.name.fl_str_mv CONICET Digital (CONICET) - Consejo Nacional de Investigaciones Científicas y Técnicas
repository.mail.fl_str_mv dasensio@conicet.gov.ar; lcarlino@conicet.gov.ar
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score 13.13397

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