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While revenue management (RM) is traditionally considered a tool of service operations, RM shows considerable potential for application in manufacturing operations. The typical challenges in make-to-order manufacturing are fixed manufacturing capacities and a great variety in offered products,...
Persistent link: https://www.econbiz.de/10008697140
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Motivated by recent developments to deploy collaborative robots in industrial production systems, we investigate the assembly line balancing problem with collaborative robots. The problem is characterized by the possibility that human and robots can simultaneously execute tasks at the same...
Persistent link: https://www.econbiz.de/10012257434
If a decision context is completely precise, making good decisions is relatively easy. In the presence of ambiguity, rational decision-making is incomparably more challenging. We understand ambiguous situations as cases, where the decision-maker has imprecise (uncertain or vague) knowledge that...
Persistent link: https://www.econbiz.de/10012038352