Supplier Selection For Assembly Components Under Lead Time Uncertainty

2022-2
Kürekci, Zeynep
Supplied components constitute a great majority of companies’ total cost and supplier selection is one of the key operations of supply chain management in the competitive world. In this study, our main concern is to start assembly processes of an aircraft company at the planned starting date by receiving components that are required for each process on time. We decide on which components will be ordered from which suppliers under scenario based supplier lead times. The aim is to minimize total cost resulting from penalty costs of assembly processes, holding and procurement costs of components. We propose a linear mixed integer stochastic programming model to solve the problem. Also, we propose a supplier selection algorithm to solve large instances of the problem in reasonable computational times. We conduct an experimental study and examine the performance of the mathematical model and the algorithm.

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Citation Formats
Z. Kürekci, “Supplier Selection For Assembly Components Under Lead Time Uncertainty,” M.S. - Master of Science, Middle East Technical University, 2022.