Showing 1 - 10 of 79
and covers many interesting examples, for instance in inventory management. Due to the curse of dimensionality, the …
Persistent link: https://www.econbiz.de/10010939796
Original Equipment Manufacturers (OEM's) of advanced capital goods often offer service contracts for system support to their customers, for which spare parts are needed. Due to technological changes, suppliers of spare parts may stop production at some point in time. As a reaction to that...
Persistent link: https://www.econbiz.de/10011209336
In this paper, we consider issues of sustainability in the context of joint trade credit and inventory management in … impacts of the credit period and environmental regulations on the inventory model. Starting with some mild assumptions, we …
Persistent link: https://www.econbiz.de/10011209341
This paper studies the inventory system of a retailer who orders his products from two supply sources, a local one that … global source only partially satisfy the quality requirements. We model this situation with a dual-sourcing inventory model … inventory model with an unreliable supplier by a sequence of dual-sourcing models with reliable suppliers and suitably modified …
Persistent link: https://www.econbiz.de/10011209373
costs, repair costs of the new components, inventory holding costs and downtime costs. We perform exact analysis and provide …
Persistent link: https://www.econbiz.de/10011264303
We develop a model for a one-time special purchasing opportunity where there is uncertainty with respect to the materialization of the discounted purchasing offer. Our model captures the phenomenon of an anticipated future event that may or may not lead to a discounted offer. We analyze the...
Persistent link: https://www.econbiz.de/10011264323
inventory hedging under three hierarchies. We derive an easy-to-implement coordination contract and a simple policy structure … balanced adaptiveness, resilience and intertemporal imperatives. It outperforms the conventional inventory hedging and lean … management by reducing premature inventory holding in good times, and timely ramping up safety stock ahead of looming disruptions …
Persistent link: https://www.econbiz.de/10011264335
warehouse operations. As pickers consume the inventory in the piece racks, there is a risk of stockout. This can be reduced by … restrictions. The first policy, based on the ratio of available inventory to wave demand, reduces the number of stockouts …
Persistent link: https://www.econbiz.de/10010753484
lost sales. Therefore, a joint inventory policy should be pursued in a cross-selling system. This paper introduces customer …
Persistent link: https://www.econbiz.de/10010753486
We provide a novel approach to characterize the order process of continuous review (s,S) and (r,nQ) inventory policies …
Persistent link: https://www.econbiz.de/10010753516