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Essay Details:
Essay text:
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.
Problem considered:
The problem definition can be given as modeling of a supply chain for financial parameters and their distribution using SPC (Statistical Process Control) techniques.
Objective of the Work
The specific topical aspects of the work include study of the design of the supply chains and application of the concept of statistical process control along with the detailed study of various process indices and relating various costs and pricing decisions to the existing process capability indices to formulate mathematical correlations...
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