An order allocation model in multi-period logistics service supply chain based on cumulative prospect theory and capacity matching constraint

References

• Baltussen, G., T. Post, and P. van Vliet. 2006. “Violations of Cumulative Prospect Theory in Mixed Gambles with Moderate Probabilities.” Management Science 52 (8): 1288–1290.10.1287/mnsc.1050.0544
   Web of Science ®Google Scholar
• Bard, J. F., K. Srinivasan, and D. Tirupati. 1999. “An Optimization Approach to Capacity Expansion in Semiconductor Manufacturing Facilities.” International Journal of Production Research 37 (15): 3359–3382.10.1080/002075499190095
   Web of Science ®Google Scholar
• Bendoly, E., K. Donohue, and K. L. Schultz. 2006. “Behavior in Operations Management: Assessing Recent Findings and Revisiting Old Assumptions.” Journal of Operations Management 24 (6): 737–752.10.1016/j.jom.2005.10.001
   Web of Science ®Google Scholar
• Cattell, D. W., P. A. Bowen, and A. P. Kaka. 2011. “Proposed Framework for Applying Cumulative Prospect Theory to an Unbalanced Bidding Model.” Journal of Construction Engineering and Management 137: 1052–1059.10.1061/(ASCE)CO.1943-7862.0000367
   Web of Science ®Google Scholar
• Chan, F. T. S., P. K. Humphreys, and T. H. Lu. 2001. “Order Release Mechanisms in Supply Chain Management: A Simulation Approach.” International Journal of Physical Distribution & Logistics Management 31 (2): 124–139.10.1108/09600030110387525
   Google Scholar
• Cheng, M. Y., H. C. Tsai, and K. H. Chuang. 2011. “Supporting International Entry Decisions for Construction Firms Using Fuzzy Preference Relations and Cumulative Prospect Theory.” Expert Systems with Applications 38: 15151–15158.10.1016/j.eswa.2011.05.089
   Web of Science ®Google Scholar
• Choy, K. L., C. L. Li, Stuart C.K. So, and Henry Lau. 2007. “Managing Uncertainty in Logistics Service Supply Chain.” International Journal of Risk Assessment and Management 7 (1): 19–22.10.1504/IJRAM.2007.011408
   Google Scholar
• De Giorgi, E., T. Hens, and M. O. Rieger. 2010. “Financial Market Equilibria with Cumulative Prospect Theory.” Journal of Mathematical Economics 46 (5): 633–651.10.1016/j.jmateco.2010.06.001
   Web of Science ®Google Scholar
• Demirtas, E. A., and Özden Üstün. 2008. “An Integrated Multiobjective Decision Making Process for Supplier Selection and Order Allocation.” Omega 36 (1): 76–90.10.1016/j.omega.2005.11.003
   Web of Science ®Google Scholar
• Ellram, L. M., W. L. Tate, and C. Billington. 2004. “Understanding and Managing the Services Supply Chain.” The Journal of Supply Chain Management 40 (4): 17–32.10.1111/jscm.2004.40.issue-4
   Google Scholar
• Gurevich, G., D. Kliger, and O. Levy. 2009. “Decision-making under Uncertainty – A Field Study of Cumulative Prospect Theory.” Journal of Banking & Finance 33: 1221–1229.
   Web of Science ®Google Scholar
• Harrison, G. W., S. Moritz, and R. Pibernik. 2009. How Does the Risk Attitude of a Purchasing Manager Affect the Selection of Suppliers?. Wiesbaden: European Business School.
   Google Scholar
• He, X. D., and X. Y. Zhou. 2011. “Portfolio Choice under Cumulative Prospect Theory: An Analytical Treatment.” Management Science 57 (2): 315–331.10.1287/mnsc.1100.1269
   Web of Science ®Google Scholar
• Hung, Y. F., and Q. Z. Wang. 1997. “A New Formulation Technique for Alternative Material Planning – An Approach for Semiconductor Bin Allocation Planning.” Computers & Industrial Engineering 32 (2): 281–297.10.1016/S0360-8352(96)00303-8
   Web of Science ®Google Scholar
• Hwang, C. L., and K. Yoon. 1981. Multiple Attributes Decision Making Methods and Applications. Berlin: Springer.10.1007/978-3-642-48318-9
   Google Scholar
• Jayaraman, V., R. Srivastava, and W. C. Benton. 1999. “Supplier Selection and Order Quantity Allocation: A Comprehensive Model.” The Journal of Supply Chain Management 35 (2): 50–58.10.1111/jscm.1999.35.issue-2
   Google Scholar
• Ji, X. L. 2005. “Order Allocation Model in Supply Chain and Hybrid Genetic Algorithm.” [In Chinese.] Journal of Southwest Jiaotong University 40 (6): 811–815.
   Google Scholar
• Jou, R. C., and K. H. Chen. 2013. “An Application of Cumulative Prospect Theory to Freeway Drivers’ Route Choice Behaviors.” Transportation Research Part A 49: 123–131.
   Google Scholar
• Kahneman, D., and A. Tversky. 1979. “Prospect Theory: An Analysis of Decision under Risk.” Econometrica 47 (2): 263–292.10.2307/1914185
   Web of Science ®Google Scholar
• Kaluszka, M., and M. Krzeszowiec. 2012. “Pricing Insurance Contracts under Cumulative Prospect Theory.” Insurance: Mathematics and Economics 50: 159–166.
   Web of Science ®Google Scholar
• Kawtummachai, R., and N. V. Hop. 2005. “Order Allocation in a Multiple-supplier Environment.” International Journal of Production Economics 93–94 (2): 231–238.10.1016/j.ijpe.2004.06.022
   Web of Science ®Google Scholar
• Korpela, J., K. Kylaheiko, A. Lehmusvaara, and M. Tuominen. 2002. “An Analytic Approach to Production Capacity Allocation and Supply Chain Design.” International Journal of Production Economics 78 (2): 187–195.10.1016/S0925-5273(01)00101-3
   Web of Science ®Google Scholar
• Larsen, E. R., John D. W. Morecroft, and J. S. Thomsen. 1999. “Complex Behaviour in a Production–Distribution Model.” European Journal of Operational Research 119 (1): 61–74.10.1016/S0377-2217(98)90349-6
   Web of Science ®Google Scholar
• Levy, H., and M. Levy. 2002a. “Experimental Test of the Prospect Theory Value Function: A Stochastic Dominance Approach.” Organizational Behavior and Human Decision Processes 89: 1058–1081.10.1016/S0749-5978(02)00011-0
   Web of Science ®Google Scholar
• Levy, M., and H. Levy. 2002b. “Prospect Theory: Much Ado about Nothing?” Management Science 48 (10): 1334–1349.10.1287/mnsc.48.10.1334.276
   Web of Science ®Google Scholar
• Li, X., Y. J. Li, and X. Q. Cai. 2011. “On a Multi-period Supply Chain System with Supplementary Order Opportunity.” European Journal of Operational Research 209: 273–284.
   Web of Science ®Google Scholar
• Liang, T. F., and H. W. Cheng. 2009. “Application of Fuzzy Sets to Manufacturing/Distribution Planning Decisions with Multi-product and Multi-time Period in Supply Chains.” Expert Systems with Applications 36: 3367–3377.10.1016/j.eswa.2008.01.002
   Web of Science ®Google Scholar
• Liu, W. H., C. L. Liu, and M. Y. Ge. 2013. “An Order Allocation Model for the Two-echelon Logistics Service Supply Chain Based on Cumulative Prospect Theory.” Journal of Purchasing & Supply Management 19 (1): 39–48.
   Web of Science ®Google Scholar
• Liu, Y. Y., W. M. Liu, Y. M. Hu, and J. Li. 2010. “Pricing Model of Traffic Demand Management Based on Cumulative Prospect Theory.” In Proceedings of the 2010 8th World Congress on Intelligent Control and Automation, 5175–5180, Jinan, China.
   Google Scholar
• Liu, W. H., C. L. Liu, X. C. Xu, D. Xie, and M. Y. Ge. 2012. “Quantity Coordination of Capacity Cooperation in Logistic Service Supply Chain: A Comparison Study Based on Capacity Matching Constraint.” African Journal of Business Management 6 (5): 1795–1807.
   Google Scholar
• Liu, W. H., and X. C. Xu. 2012. “Study on the Quantity Coordination of Capability Collaboration for Multi-period-oriented Two-echelon Logistics Service Supply Chain.” African Journal of Business Management 6 (11): 3920–3929.
   Google Scholar
• Liu, W. H., X. C. Xu, Z. X. Ren, and Y. Peng. 2011. “An Emergency Order Allocation Model Based on Multi-provider in Two-echelon Logistics Service Supply Chain.” Supply Chain Management: an International Journal 16 (6): 390–400.
   Web of Science ®Google Scholar
• Lummus, R. R., R. J. Vokurka, and K. L. Alber. 1998. “Strategic Supply Chain Planning.” Production and Inventory Management Journal 39 (3): 49–58.
   Google Scholar
• Moitra, A., and R. O’Donnell. 2010. Pareto Optimal Solutions for Smoothed Analysts. http://www.cs.cmu.edu/~odonnell/papers/pareto-optima.pdf.
   Google Scholar
• Nicolau, J. L. 2011. “Testing Prospect Theory in Airline Demand.” Journal of Air Transport Management 17: 241–243.10.1016/j.jairtraman.2010.11.001
   Web of Science ®Google Scholar
• Paksoy, T., and C. T. Chang. 2010. “Revised Multi-choice Goal Programming for Multi-period, Multi-stage Inventory Controlled Supply Chain Model with Popup Stores in Guerrilla Marketing.” Applied Mathematical Modelling 34: 3586–3598.10.1016/j.apm.2010.03.008
   Web of Science ®Google Scholar
• Razmi, J., M. J. Songhori, and M. H. Khakbaz. 2009. “An Integrated Fuzzy Group Decision Making/Fuzzy Linear Programming (FGDMLP) Framework for Supplier Evaluation and Order Allocation.” The International Journal of Advanced Manufacturing Technology 43: 590–607.10.1007/s00170-008-1719-7
   Web of Science ®Google Scholar
• Schmidt, U., and H. Zank. 2008. “Risk Aversion in Cumulative Prospect Theory.” Management Science 54 (1): 208–216.10.1287/mnsc.1070.0762
   Web of Science ®Google Scholar
• Schwanen, T., and D. Ettema. 2009. “Coping with Unreliable Transportation When Collecting Children: Examining Parents’ Behavior with Cumulative Prospect Theory.” Transportation Research Part A 511–525.
   Google Scholar
• Sheu, Jiuh-Biing 2006. “A Novel Dynamic Resource Allocation Model for Demand-responsive City Logistics Distribution Operations.” Transportation Research Part E: Logistics and Transportation Review 42 (6): 445–472.10.1016/j.tre.2005.05.004
   Web of Science ®Google Scholar
• Swaminathan, J. M. 2000. “Tool Capacity Planning for Semiconductor Fabrication Facilities Under Demand Uncertainty.” European Journal of Operational Research 120 (3): 545–558.10.1016/S0377-2217(98)00389-0
   Web of Science ®Google Scholar
• Thaler, R. 2005. Advances in Behavioral Finance. Vol. II. Princeton, NJ: Princeton University Press.
   Google Scholar
• Tiwari, M. K., and N. K. Vidyarthi. 2000. “Solving Machine Loading Problems in a Flexible Manufacturing System using a Genetic Algorithm Based Heuristic Approach.” International Journal of Production Research 38 (14): 3357–3384.10.1080/002075400418298
   Web of Science ®Google Scholar
• Tsao, Y. C. 2010. “Managing Multi-echelon Multi-item Channels with Trade Allowances Under Credit Period.” International Journal of Production Economics 127: 226–237.10.1016/j.ijpe.2009.08.010
   Web of Science ®Google Scholar
• Tversky, A., and D. Kahneman. 1992. “Advances in Prospect Theory: Cumulative Representation of Uncertainty.” Journal of Risk and Uncertainty 5: 297–323.10.1007/BF00122574
   Web of Science ®Google Scholar
• Ustun, O., and E. A. Demirtas. 2008. “An Integrated Multi-objective Decision-making Process for Multi-period Lot-sizing with Supplier Selection.” Omega 36: 509–521.10.1016/j.omega.2006.12.004
   Web of Science ®Google Scholar
• Wang, S. M., J. C. Chen, and K. J. Wang. 2007. “Resource Portfolio Planning of Make-to-Stock Products using a Constraint Programming-based Genetic Algorithm.” Omega 35 (2): 237–246.10.1016/j.omega.2005.06.001
   Web of Science ®Google Scholar
• Xiang, J. Q., P. Q. Huang, and Z. P. Wang. 2006. “Order Allocation Model Based on Profit Maximization of Horizontal Conglomerate.” [In Chinese.] Journal of Southwest Jiaotong University 41 (2): 241–244.
   Google Scholar
• Zhou, F., and R. J. Jiao. 2013. “An Improved User Experience Model with Cumulative Prospect Theory.” Procedia Computer Science 16: 870–877.10.1016/j.procs.2013.01.091
   Google Scholar
• Zhou, J., H. L. Xu, and W. Xu. 2009. “A Decision-making Rule in Traveler’s Route Choice Behavior Based on Cumulative Prospect Theory.” In Proceedings on the 18th International Symposium on Transportation and Traffic Theory, 295–310, Hong Kong.
   Google Scholar