Competition in Supply Chain Network: Retailers’ Risk Averseness Approach

Abstract

This paper formulates a competitive supply chain network throughout a mixed integer linear programming problem, considering demand uncertainty and retailers risk averseness. That is, makes the model more realistic in comparison with the others. Employed conditional value at risk method through the data-driven approach, makes the model to be convex and sensitive to the risk averseness level. Finally, the model outputs and its results are illustrated through a numerical example.

Keywords

• competitive supply chain
• supply chain network equilibrium
• risk averseness
• conditional value at risk