Showing 1 - 10 of 31
The widespread use of the Internet and computer systems has led to a situation where data are available on almost everything. The volume and the level of detail of these data is something we considered to be impossible until a few years ago. Researchers in economics and business now have access...
Persistent link: https://www.econbiz.de/10010730462
Partly due to a growing interest in direct marketing, it has become an important application field for data mining. Many techniques have been applied to select the targets in commercial applications, such as statistical regression, regression trees, neural computing, fuzzy clustering and...
Persistent link: https://www.econbiz.de/10010731403
reverse logistics costs and that information management is key to an efficient solution. Our recommendations provide a basis …
Persistent link: https://www.econbiz.de/10011204314
In this article, we discuss ways of actively influencing product returns and we review data-driven methods for forecasting return flows that exploit the fact that future returns are a function of past sales. In particular we assess the value of return forecasting at an operational level,...
Persistent link: https://www.econbiz.de/10010731478
The pig husbandry is an important economic sector. In the last decade, major changes have been made. As a result, farmers came together to introduce the "Eco Label pig", meeting the strong consumer and governmental call for high quality, animal friendly and environmentally friendly food. The...
Persistent link: https://www.econbiz.de/10010837498
This paper evaluates the impact of misinformation for inventory systems with product returns. If one could exactly know how much is going to be returned and when, one would certainly benefit from incorporating this perfect information a priori in the management of production, inventory, and...
Persistent link: https://www.econbiz.de/10010837652
We describe an algorithmic approach to determine an efficient railway rolling stock circulation on a single line or on a set of interacting lines. Given the timetable and the passengers? seat demand, we develop a branch-and-price algorithm that results in an allocation of rolling stock material...
Persistent link: https://www.econbiz.de/10010730870
We describe hybrid manufacturing/remanufacturing systems with a long lead time for manufacturing and a short lead time for remanufacturing. We review the classes of inventory strategies for hybrid systems in the literature. These are all based on equal lead times. For systems with slow...
Persistent link: https://www.econbiz.de/10010730992
Sequencing unit load retrieval requests has been studied extensively in literature for conventional single-deep automated warehousing systems. A proper sequence can greatly reduce the makespan when carrying out a group of such requests. Although the sequencing problem is NP-hard some very good...
Persistent link: https://www.econbiz.de/10010731147
Order picking has long been identified as the most labour-intensive and costly activity for almost every warehouse; the cost of order picking is estimated to be as much as 55% of the total warehouse operating expense. Any underperformance in order picking can lead to unsatisfactory service and...
Persistent link: https://www.econbiz.de/10010731445