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Sourcing of Internal Auditing: An Empirical Study

Spekle, R.F.; van Elten, H.J.; Kruis, A.M. - Erasmus Research Institute of Management (ERIM), … - 2005

In recent years, the scope of internal auditing has broadened considerably, increasing the importance of internal auditing as part of the organization’s management control structure. This expanding role has changed the demands being put on internal auditors. Their new role requires different...

Persistent link: https://www.econbiz.de/10010731554

Combining economic and social goals in the design of production systems by using ergonomics standards

Dul, Jan; de Vries, de Vries, H.J.; Verschoof, Verschoof, S. - Erasmus Research Institute of Management (ERIM), … - 2004

In designing of production systems, economic and social goals can be combined, if ergonomics is integrated into the design process. More than 50 years of ergonomics research and practice have resulted in a large number of ergonomics standards for designing physical and organizational work...

Persistent link: https://www.econbiz.de/10010731369

Leveraging Offshore IT Outsourcing by SMEs through Online Marketplaces

Radkevitch, Radkevitch, U.L.; van Heck, van Heck, H.W.G.M. - Erasmus Research Institute of Management (ERIM), … - 2006

offshore destinations. For small firms, however, offshore outsourcing is a difficult undertaking as it involves high … outsourcing more accessible and manageable, although differences in the marketplace design result in varying outcomes across the …’ transaction costs in offshore IT outsourcing. Second, we examine the effects of market entry barriers on outcomes of online …

Persistent link: https://www.econbiz.de/10010731527

Reverse Logistics – Capturing Value in the Extended Supply Chain

Fleischmann, Moritz; van Nunen, van Nunen, J.A.E.E.; … - Erasmus Research Institute of Management (ERIM), … - 2004

Product flows in today’s supply chains do not end once they have reached the customer. Many products lead a second and even third or fourth life after having accomplished their original task at their first customer. Consequently, a product may generate revenues multiple times, rather than a...

Persistent link: https://www.econbiz.de/10011204319

A Stochastic Dynamic Programming Approach to Revenue Management in a Make-to-Stock Production System

Fleischmann, Moritz; Quante, Quante, R.; Meyr, Meyr, H. - Erasmus Research Institute of Management (ERIM), … - 2009

In this paper, we consider a make-to-stock production system with known exogenous replenishments and multiple customer classes. The objective is to maximize profit over the planning horizon by deciding whether to accept or reject a given order, in anticipation of more profitable future orders....

Persistent link: https://www.econbiz.de/10011204322

On the Suboptimality of Full Turnover-Based Storage

Yu, Yu, Y.; de Koster, de Koster, M.B.M. - Erasmus Research Institute of Management (ERIM), … - 2009

In the past thirty years the full turnover-based storage policy as described by Hausman et al. (1976, Management Science 22(6)) has been widely claimed to outperform the commonly used ABC class-based storage policy, in terms of the resulting average storage and retrieval machine travel time. In...

Persistent link: https://www.econbiz.de/10010730894

An NPV and AC Analysis of a Stochastic Inventory System with Joint Manufacturing and Remanufacturing

van der Laan, Erwin - Erasmus Research Institute of Management (ERIM), … - 2000

While the net present value (NPV) approach is widely accepted as the right framework for studying production and inventory control systems, average cost (AC) models are more widely used. For the well known EOQ model it can be veri_ed that (under certain conditions) the AC approach gives near...

Persistent link: https://www.econbiz.de/10010730925

Nash Game Model for Optimizing Market Strategies, Configuration of Platform Products in a Vendor Managed Inventory (VMI) Supply Chain for a Product Family

Yu, Yu, Y.; Huang, Huang, G.Q. - Erasmus Research Institute of Management (ERIM), … - 2009

This paper discusses how a manufacturer and its retailers interact with each other to optimize their product marketing strategies, platform product configuration and inventory policies in a VMI (Vendor Managed Inventory) supply chain. The manufacturer procures raw materials from multiple...

Persistent link: https://www.econbiz.de/10010730927

An Inventory Model for Slow Moving Items Subject to Obsolescence

Dekker, Rommert; Pinçe, Pinçe, C. - Erasmus Research Institute of Management (ERIM), … - 2009

In this paper, we consider a continuous review inventory system of a slow moving item for which the demand rate drops to a lower level at a pre-determined time. Inventory system is controlled according to one-for-one replenishment policy with fixed lead time. Adaptation to the lower demand rate...

Persistent link: https://www.econbiz.de/10010730983

Linearization and Decomposition Methods for Large Scale Stochastic Inventory Routing Problem with Service Level Constraints

Yu, Yu, Y.; Chu, Chu, C.; Chen, Chen, H.X.; Chu, Chu, F. - Erasmus Research Institute of Management (ERIM), … - 2010

A stochastic inventory routing problem (SIRP) is typically the combination of stochastic inventory control problems and NP-hard vehicle routing problems, for a depot to determine delivery volumes to its customers in each period, and vehicle routes to distribute the delivery volumes. This paper...

Persistent link: https://www.econbiz.de/10010731036