2023
DOI: 10.1108/jm2-10-2022-0250
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Sustainable and resilient supplier selection, order allocation, and production scheduling problem under disruption utilizing conditional value at risk

Seyed Mojtaba Taghavi,
Vahidreza Ghezavati,
Hadi Mohammadi Bidhandi
et al.

Abstract: Purpose This paper aims to minimize the mean-risk cost of sustainable and resilient supplier selection, order allocation and production scheduling (SS,OA&PS) problem under uncertainty of disruptions. The authors use conditional value at risk (CVaR) as a risk measure in optimizing the combined objective function of the total expected value and CVaR cost. A sustainable supply chain can create significant competitive advantages for companies through social justice, human rights and environmental progress. To … Show more

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