Showing 1 - 10 of 126
This paper examines location assignment for outbound containers in container terminals. It is an extension to the previous modeling work of Kim et al. (2000) and Zhang et al. (2010). The previous model was an “optimistic” handling way and gave a moderate punishment for placing a lighter...
Persistent link: https://www.econbiz.de/10011052784
This paper presents a model and solution methodology for scheduling patients in a multi-class, multi-resource surgical system. Specifically, given a master schedule that provides a cyclic breakdown of total OR availability into specific daily allocations to each surgical specialty, the model...
Persistent link: https://www.econbiz.de/10011264327
Lateral transshipments are an effective strategy to pool inventories. We present a Semi-Markov decision problem formulation for proactive and reactive transshipments in a multi-location continuous review distribution inventory system with Poisson demand and one-for-one replenishment policy. For...
Persistent link: https://www.econbiz.de/10010666127
This paper presents an up-to-date review of the advances made in the field of inventory control of perishable items (deteriorating inventory). The last extensive review on this topic dates back to 2001 (Goyal S.K. and Giri B.C., Recent trends in modeling of deteriorating inventory, European...
Persistent link: https://www.econbiz.de/10010597644
Items with short lifetimes that are subject to deterioration are important in the business world. Research has a long tradition in integrating deterioration and value loss effects into mathematical models for inventory planning and control where such effects are understood as a general loss or...
Persistent link: https://www.econbiz.de/10011052464
In today’s retail business many companies have a complex distribution network with several national and regional distribution centers. This article studies an integrated facility location and inventory allocation problem for designing a distribution network with multiple distribution centers...
Persistent link: https://www.econbiz.de/10010597594
In the recent article, Darwish and Odah (2010) develop a scheme that allows for identical replenishment cycles for all the retailers, in the context of a single vendor supplying a group of retailers under VMI partnership. This paper proposes an alternative replenishment scheme allowing for...
Persistent link: https://www.econbiz.de/10010719582
We review research on ship routing and scheduling and related problems during the new millennium and provide four basic models in this domain. The volume of research in this area about doubles every decade as does the number of research outlets. We have found over a hundred new refereed papers...
Persistent link: https://www.econbiz.de/10011052485
This paper proposes an easily implementable, scalable decomposition heuristic for determining near optimal base stocks in two-level general inventory systems. In this heuristic, the general system is decomposed into assembly systems—one for each end product. For these assembly systems, the...
Persistent link: https://www.econbiz.de/10011052801
We consider a random yield inventory system, where a company has access to real time information about the actual yield realizations. To contribute to a better understanding of the value of this information, we develop a mathematical model of the inventory system and derive structural...
Persistent link: https://www.econbiz.de/10011097714