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In an ocean container transportation market, the fluctuation of spot rate is volatile, making it difficult for market players to optimise freight related operations. This paper applies an multivariant approach to first identify the significant factors affecting rate development and then utilises...
Supply chain management describes a complex sequence of strategies implemented by multiple decision makers to transform raw materials into products and deliver to the market. Mathematical formulations of such problems involve hierarchical games with some form of stochastic properties in the...
Due to the COVID-19 pandemic, many things changed within a short notice; shutdowns as well as openings of economies and factories were unsynchronised and unpredictable throughout the world in 2020. However, demand was sustained rather well due to ultra-loose monetary policies and low interest...
Since the performance of suppliers critically influences the overall supply chain performance (SCP), the identification and evaluation of SCP through the standard index is an important approach to identifying the problem and improving SCP. Therefore, it is imperative to develop a SCP measurement...
Competitive pressure in the global marketplace requires enterprises to establish efficient distribution planning and inventory management in a supply chain. This study proposes a framework to optimise distribution and inventory decisions, integrating decisions of opening or closing facilities in...
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