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We propose a profit maximization model for the decision support system of a firm that wishes to establish or rationalize a multinational manufacturing and distribution network to produce and deliver finished goods from sources to consumers. The model simultaneously evaluates all traditional...
Persistent link: https://www.econbiz.de/10011077616
This study investigates the look-ahead control of a conveyor-serviced production station (CSPS), viewed as a production … center, which is connected to a sales center. The production station is equipped with a buffer to temporarily store the parts … decision-making on the look-ahead range of such demand-driven CSPS is subject to the constraints of production and sales levels …
Persistent link: https://www.econbiz.de/10011209414
separately. This hierarchical model is used to show the effect of integrating the process targeting with production …
Persistent link: https://www.econbiz.de/10010608519
The development of extensive partnerships with suppliers has become a characteristic of manufacturing, particularly in the aircraft and automobile industries. This paper considers the development of appropriate contracts that enable market risks to be shared between the lead manufacturer and the...
Persistent link: https://www.econbiz.de/10010871091
of the main drivers of the dynamic behavior of returns plays a crucial role. Based on a stylized production … will or will not converge to its equilibrium. Using a constant elasticity of substitution production function, the model is … the predictability of product returns. Small variations of production input proportions could however stabilize the whole …
Persistent link: https://www.econbiz.de/10010871183
In production systems of automobile manufacturers, multi-variant products are assembled on paced final assembly lines …
Persistent link: https://www.econbiz.de/10010744207
To generate insights into how production of new items and remanufacturing and disposal of returned products can be … decision process, we investigate the structure of the optimal policy that jointly controls production, remanufacturing, and … (i.e., returned) inventory thresholds beyond which production cannot be optimal but disposal is always optimal. We also …
Persistent link: https://www.econbiz.de/10010682476
Extended Producer Responsibility (EPR) initiatives may require a manufacturer to be responsible in the future for taking back the products it produces today. A ramification of EPR is that take back costs may influence firms’ decisions regarding product durability. In the absence of EPR, prior...
Persistent link: https://www.econbiz.de/10010776924
In an attempt to achieve a competitive edge, automotive companies operate global production networks to offer an ever …
Persistent link: https://www.econbiz.de/10010588340
A company allocates a resource between safety effort and production. The government earns taxes on production. The … on governments’ safety efforts. With sufficiently large production, the government prefers, and the company does not … rides when the unit production cost is low so that the large profits outweigh the negative impact of the disaster. With …
Persistent link: https://www.econbiz.de/10010594988