Modelling of Supply Chain for Financial and Pricing Decisions
Essay specific features
March 19, 2015
No of pages / words:
8 / 2136
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The following work realizes the implications of this delivery performance in the nodes of the supply chain through various financial parameters. It also proposes a mathematical model to analyze the consequences of a shift in the delivery performance at a particular node in the entire supply chain.
The problem definition can be given as modeling of a supply chain for financial parameters and their distribution using SPC (Statistical Process Control) techniques...
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They are the indicators of processes' capability to produce a desired output, though quantifying the process mean, variance and specifications' interrelation.
Indexes Cp, Cpk and Cpm
1) Index Cp: The PCI Cp is defined as
As assumed here, the target value is the mid point of, and can be expressed in the following equivalent form:
Where T= tolerance = (U-L)/2...
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