IDEAS home Printed from https://ideas.repec.org/a/eee/reensy/v202y2020ics095183202030538x.html
   My bibliography  Save this article

Optimal Product Substitution and Dual Sourcing Strategy considering Reliability of Production Lines

Author

Listed:
  • Wu, Di
  • Gong, Min
  • Peng, Rui
  • Yan, Xiangbin
  • Wu, Shaomin

Abstract

Most of the supply chain literature assumes that product substitution is an effective method to mitigate supply chain disruptions and that all production lines either survive or are disrupted together. Such assumptions, however, may not hold in the real world: (1) when there is a shortfall of all products, product substitution may be inadequate unless it is paired with other strategies such as dual sourcing; and (2) production lines do not survive forever and may fail. To relax such assumptions, this paper therefore investigates the situations that the manufacturer may optimize substitution policy and dual sourcing policy to cope with supply chain disruptions. The paper obtains and compares the optimal policies for both deterministic and stochastic demands. A real-world case is also studied to verify the effectiveness of the proposed model.

Suggested Citation

  • Wu, Di & Gong, Min & Peng, Rui & Yan, Xiangbin & Wu, Shaomin, 2020. "Optimal Product Substitution and Dual Sourcing Strategy considering Reliability of Production Lines," Reliability Engineering and System Safety, Elsevier, vol. 202(C).
    • Handle: RePEc:eee:reensy:v:202:y:2020:i:c:s095183202030538x
    DOI: 10.1016/j.ress.2020.107037
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S095183202030538X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ress.2020.107037?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Moghadasi, Negin & Collier, Zachary A. & Koch, Andrew & Slutzky, David L. & Polmateer, Thomas L. & Manasco, Mark C. & Lambert, James H., 2022. "Trust and security of electric vehicle-to-grid systems and hardware supply chains," Reliability Engineering and System Safety, Elsevier, vol. 225(C).
    2. Zhang, Chao & Chen, Rentong & Wang, Shaoping & Dui, Hongyan & Zhang, Yadong, 2022. "Resilience efficiency importance measure for the selection of a component maintenance strategy to improve system performance recovery," Reliability Engineering and System Safety, Elsevier, vol. 217(C).
    3. Ma, Ye & Chi, Yuanying & Wu, Di & Peng, Rui & Wu, Shaomin, 2021. "Reliability of integrated electricity and gas supply system with performance substitution and sharing mechanisms," Reliability Engineering and System Safety, Elsevier, vol. 212(C).
    4. Rui Yan & Haotong Tian & Kaiye Gao & Rui Peng & Bin Liu, 2023. "A two-stage UAV routing problem with time window considering rescheduling with random delivery reliability," Journal of Risk and Reliability, , vol. 237(4), pages 781-797, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reensy:v:202:y:2020:i:c:s095183202030538x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/reliability-engineering-and-system-safety .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.