Mean-Risk Analysis: Conclusion, Future Research and Extensions
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In the previous chapters, we discussed the use of mean-risk approach in conducting supply chain risk analysis for the single period and multiple periods supply chain inventory problems. We also explored the incorporation of mean-risk approach in the determination of the supply chain coordination contracts. From all the findings and insights generated, we have confidence to conclude that the mean-risk approach is obviously a versatile and significant way to conduct supply chain risk analysis. We believe that it has more potential than what we reviewed and discussed in the previous chapters. As a result, as a part of our conclusion, we discuss several future research directions and probable extensions for mean-risk supply chain analysis.
KeywordsMean-risk Approach Supply Chain Coordination Contracts Supply Chain Agents Supply Chain Management Problems Wholesale Price Contract
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