Trade-off between in-house production and outsourcing
| Autor: | Ping-Hui Hsu, Hui-Ming Teng |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Inventory control
Opportunity cost business.industry Supply chain 05 social sciences Trade-off Industrial and Manufacturing Engineering Knowledge process outsourcing Profit (economics) Outsourcing Commerce Control and Systems Engineering 0502 economics and business Business decision mapping 050207 economics business 050203 business & management Industrial organization |
| Zdroj: | Journal of Industrial and Production Engineering. 34:213-220 |
| ISSN: | 2168-1023 2168-1015 |
| DOI: | 10.1080/21681015.2016.1253618 |
| Popis: | Division of labor has become very sophisticated. Business decision makers have come to the realization that outsourcing can effectively enhance market competitiveness and sustain the firm’s development. This study considers the trade-off between in-house production and outsourcing in a two-echelon supply chain. The objective is to optimize the total profit per unit time of the system. The deterministic model is developed. Numerical examples and sensitivity analysis are provided for illustration. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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