The structure of the supply chain and the suppliers who participate in it are critical decisions for managers.. There is also a strong foundation in the literature on developing mathematical models that provide insight into the decision-making process.. programming model is specified that incorporates the opportunity for diversification.. This paper presents a framework for supply chain decision-making. The framework is used to gain insights into applications of modelling. Current modelling practice is reviewed through a literature.
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At the end of this course, you’ll be able to: recognize key questions in the design and management of a supply chain; identify the possible options and solutions to key questions, along with their strengths and weaknesses; translate the company strategy into a clear decision making framework; make strategic decisions based upon this framework.. Decision-making is one of the essential aspects of Supply Chain Management (SCM). It relates to the realized processes when we met a problem and tried to solve it. In Fig. 3 we present a possible scenario of decision-making in such situations. The proposed scenario consists of four of the following steps:
