Measurement of Circulation loss in New Harvest Stream Chain

International Journal of Industrial Engineering

© 2016 by SSRG - IJIE Journal

Volume 3 Issue 1

Year of Publication : 2016

Authors : Kristoffer Leif S. and Dr. O.L. Sverre Stian

10.14445/23499362/IJIE-V3I1P103

How to Cite?

Kristoffer Leif S. and Dr. O.L. Sverre Stian, "Measurement of Circulation loss in New Harvest Stream Chain," SSRG International Journal of Industrial Engineering, vol. 3,  no. 1, pp. 11-13, 2016. Crossref, https://doi.org/10.14445/23499362/IJIE-V3I1P103

Abstract:

Lost circulation materials are known as to retainchargesaccompanying with lost circulation from spinning out of control. One of the best solutions is provide operator’s actual ways to respond to complete or fractional lost movementencouraged by hydrostatic or annular compression loss from regular or encouragedreasons. The resolution of this paper is to examine management results via option agreements in a two-stage stream chain in which a new produce dealer sells to a vendor, allowing for the circulation loss of the newproducts. The dealer supplies the distinctive products with optimal optional cost to the retailer. The outcomesexplain that there be existent a unique best option demandthe quantity for the retailer and a special optimal choice order price for the supplier giving certain surroundings.Organicharvestsespecially fresh food’sappearances such as circulation loss and great risk are measured. Selectionbonds and game philosophy are collective to manage the fresh productssource chain’s risk. The projected tool and facsimiles are expected to shed light to the upcomingmechanisms in the field of source chain risk administration.

Keywords:

Lost circulation materials, two-stage stream chain, and source chain risk administration.

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