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Aviral Shukla

Optimizing Efficiency-Robustness Trade-Offs in SC-Design

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Reader rating: 5 out of 5

Paper

Optimizing efficiency-robustness trade-offs in supply chain design under uncertainty due to disruptions
Year: 
2011

Efficiency is about trade-offs. Effectiveness is about achieving a goal, making it happen no matter what.
But in reality resources are scarce and efficiently reaching a goal is nearly as important as reaching it at all.