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Resource flexibility refers to the ability to dynamically reallocate units of resource from one stage of a production process to another in response to shifting bottlenecks. Recent research has demonstrated that substantial improvements in operational performance can be realized in both serial-...
Persistent link: https://www.econbiz.de/10009208461
This paper investigates the improvements in manufacturing performance that can be realized by broadening the scope of the production scheduling function to include both job sequencing and processing-time control through the deployment of a flexible resource. We consider an environment in which a...
Persistent link: https://www.econbiz.de/10009208691
This paper introduces a Bayesian decision theoretic model of optimal production in the presence of learning-curve uncertainty. The well-known learning-curve model is extended to allow for random variation in the learning process with uncertainty regarding some parameter of the variation. A...
Persistent link: https://www.econbiz.de/10009191248
The utility of the generalized assignment problem (GAP) is well known in regard to resource allocation problems arising in the areas of production planning, scheduling, and facility location. This paper introduces an important generalization of the GAP, which is called the 0-1 generalized...
Persistent link: https://www.econbiz.de/10009191663
We consider the optimal allocation of a resource in a single-facility production environment in the presence of capacity-based economies and diseconomies of scope. This setting generalizes the usual approach to single-facility resource allocation by allowing for the effective capacity of a...
Persistent link: https://www.econbiz.de/10009197312