Microeconomic Characterization of Supply Network Integration in a Multi-product Manufacturing Environment

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dc.contributor.authorOpadiji, Jayeola
dc.date.accessioned2019-06-03T08:34:32Z
dc.date.available2019-06-03T08:34:32Z
dc.date.issued2006
dc.description.abstractThis paper presents a theoretical framework for supply network integration in a multi-product manufacturing economy making use of the walrasian market system. We propose a method of dissolving a supply network into a competitive market and then applying the theory of Computable General Equilibrium (CGE) to find an optimal allocation of resources. Agents in the supply network are represented using the Cobb-Douglas (CD) function with a constant return-to-scale. A simulation program based on Market-Oriented Programming (MOP) was developed to mimic the trading environment in order to search for a pareto-allocation of resources in the network. The experimental results presented reveal that this framework can be adapted for use in drafting a holistic picture of a supply network in a multi-product manufacturing environment.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/2054
dc.language.isoenen_US
dc.publisherJapan Society of Precision Engineers, Japanen_US
dc.subjectMarket-Oriented Programmingen_US
dc.subjectPareto-allocationen_US
dc.subjectSupply Networken_US
dc.subjectComputable General Equilibriumen_US
dc.subjectWalrasian Marketen_US
dc.titleMicroeconomic Characterization of Supply Network Integration in a Multi-product Manufacturing Environmenten_US
dc.typeArticleen_US

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