Showing 1 - 10 of 45
alternative scenarios identified by field experts. We apply the stochastic models to a representative real case study on recycling …
Persistent link: https://www.econbiz.de/10010731802
remanufacturing option. In this extended problem, known quantities of used products are returned from customers in each period. These …
Persistent link: https://www.econbiz.de/10010731598
interpretation of AC framework is not that straightforward in systems with joint manufacturing and remanufacturing. In such systems … the end-product stock contains both manufactured and remanufactured products. Remanufacturing can be used to convert the … ambiguous. In this paper we analyze a two-product system with manufacturing and remanufacturing in a deterministic setting. By …
Persistent link: https://www.econbiz.de/10005288551
management in the remanufacturing context. We study a remanufacturing facility that receives a stream of returned products … remanufacturing facility are when to release returned products to the remanufacturing line and how many new products to manufacture … function of return rates, backorder costs and manufacturing and remanufacturing lead times; and we develop approximate lower …
Persistent link: https://www.econbiz.de/10005288768
In this paper we describe a decision support system developed to help in assessing the need for various type of prison cells. In particular we predict the probability that a criminal has to be sent home because of a shortage of cells. The problem is modelled through a queueing network with...
Persistent link: https://www.econbiz.de/10011149295
Strategic airline fleet planning is one of the major issues addressed through newly initiated decision support systems, designed to assist airlines and aircraft manufacturers in assessing the benefits of the emerging concept of dynamic capacity allocation. We present background research...
Persistent link: https://www.econbiz.de/10010731758
The Orienteering Problem (OP) is a generalization of the well-known traveling salesman problem and has many interesting applications in logistics, tourism and defense. To reflect real-life situations, we focus on an uncertain variant of the OP. Two main approaches that deal with optimization...
Persistent link: https://www.econbiz.de/10010734037
Asset liability management (ALM) is an important and challenging problem for institutional investors and financial intermediaries. The requirement to fulfill its liablilities constrains the institutional investor in its asset allocation possiblilites. We formulate an ALM model for pension funds...
Persistent link: https://www.econbiz.de/10011149268
Decision making under uncertainty is a challenge faced by many decision makers. Stochastic programming is a major tool developed to deal with optimization with uncertainties that has found applications in, e.g. finance, such as asset-liability and bond-portfolio management. Computationally...
Persistent link: https://www.econbiz.de/10011149269
This paper presents a dynamic approach to the vehicle scheduling problem. We discuss the potential benefit of our approach compared to the traditional one, where the vehicle scheduling problem is solved only once for a whole period and the travel times are assumed to be fixed. In our dynamic...
Persistent link: https://www.econbiz.de/10005288342