Showing 1 - 10 of 15
We consider a periodic-review single-product multi-echelon inventory problem with instantaneous replenishment. In each period, the decision-maker makes ordering decisions for all echelons. Any unsatisfied demand is backordered, and any excess inventory is carried to the next period. In contrast...
Persistent link: https://www.econbiz.de/10014261789
Problem definition: We study stochastic periodic-review inventory systems with lost sales, where the decision maker has no access to the true demand distribution a priori and can only observe historical sales data (referred to as censored demand) and feature information about the demand....
Persistent link: https://www.econbiz.de/10014089127
Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we...
Persistent link: https://www.econbiz.de/10010279623
Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we...
Persistent link: https://www.econbiz.de/10009002701
We consider optimal inventory replenishment policies for capacitated 2-echelon serial inventory systems, where the capacity of upstream echelon can be the bottleneck. We show that the optimal replenishment decisions in each period can be made one echelon at a time by introducing a procedure that...
Persistent link: https://www.econbiz.de/10014085952
We consider an assortment optimization problem where the customer may purchase multiple products and possibly more than one unit of each product purchased. We adopt the customer consumption model based on the Multiple-Discrete-Choice (MDC) model proposed by Huh and Li (2021). We identify...
Persistent link: https://www.econbiz.de/10014086175
Persistent link: https://www.econbiz.de/10012972243
We present and solve a tactical capacity planning problem for a manufacturing environment with high process flexibility. Various factors contribute to the complexity of the problem, one of which is product-machine mapping: Each machine may be qualified to produce multiple products and each...
Persistent link: https://www.econbiz.de/10012907098
Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we...
Persistent link: https://www.econbiz.de/10013127685
Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we...
Persistent link: https://www.econbiz.de/10008934668