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In this study we investigate the desired level of recovery under various inventory control policies when the success of recovery is probabilistic. Recovery process is modelled as a single stage operation and recovery effort is represented by the expected time spent for it. The effect of...
Persistent link: https://www.econbiz.de/10010731627
In equipment-intensive industries such as truck manufacturing, electronics manufacturing, photo copiers,and airliners, service parts are often slow moving items for which, in some cases, the transshipment timeis not negligible. However, this aspect is hardly considered in the existing spare...
Persistent link: https://www.econbiz.de/10010325644
This paper considers a single-sourcing network design problem for a three-level supply chain. For the first time, a novel mathematical model is presented considering risk-pooling, the inventory existence at distribution centers (DCs) under demand uncertainty, the existence of several...
Persistent link: https://www.econbiz.de/10011551803
We address the economic lot sizing problem with product returns and remanufacturing. For this problem we provide a new theoretical result about the form of the optimal solutions that can be considered a generalization of the well-known zero-inventory property. Based on this result we suggest an...
Persistent link: https://www.econbiz.de/10011615722
Selecting the best suppliers is crucial for a company's success. Since competition is a determining factor nowadays, reducing cost and increasing quality of products are two key criteria for appropriate supplier selection. In the study, first the inventories of agglomeration plant of Isfahan...
Persistent link: https://www.econbiz.de/10011640889
Application of multisource feedback (MSF) increased dramatically and became widespread globally in the past two decades, but there was little conceptual work regarding self-other agreement and few empirical studies investigated self-other agreement in other cultural settings. This study...
Persistent link: https://www.econbiz.de/10009475084
There is a growing focus on sustainability in corporate objectives. A key approach to managing and implementing sustainability is through operations management. Sustainable operations hold the key to increased profitability and effective management of environmental issues. Among the business...
Persistent link: https://www.econbiz.de/10009475173
Studies in newsvendor decision-making have shown that human decisions systematically deviate from analytical solutions found in many utility models of the single period problem (SPP). Yet for the most part the impacts of this human decision bias in systems of newsvendor type products have not...
Persistent link: https://www.econbiz.de/10009475843
This thesis studies inventory control with risk of major supply chain disruptions, specifically border closures and congestion. We first investigate an inventory system in which the probability distributions of order leadtimes are dependent on the state of an exogenous Markov process; we will...
Persistent link: https://www.econbiz.de/10009475944
This thesis studies three problems related to inventory control.The first problem is motivated by the need to eliminate thebullwhip effect in a supply chain. An important source of thiseffect is the inventory control policy, which is originallydesigned to smooth production in response to demand...
Persistent link: https://www.econbiz.de/10009476052