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On the optimal control of manufacturing and remanufacturing activities with a single shared server

Flapper, Simme Douwe; Gayon, Jean-Philippe; Lim, Lâm … - In: European Journal of Operational Research 234 (2014) 1, pp. 86-98

We consider a single-product make-to-stock manufacturing–remanufacturing system. Returned products require … remanufacturing before they can be sold. The manufacturing and remanufacturing operations are executed by the same single server … remanufacturing a product are exponentially distributed. Demand and used products arrive via mutually independent Poisson processes …

Persistent link: https://www.econbiz.de/10011052645

Production planning and pricing policy in a make-to-stock system with uncertain demand subject to machine breakdowns

Shi, Xiutian; Shen, Houcai; Wu, Ting; Cheng, T.C.E. - In: European Journal of Operational Research 238 (2014) 1, pp. 122-129

We consider a make-to-stock system served by an unreliable machine that produces one type of product, which is sold to customers at one of two possible prices depending on the inventory level at the time when a customer arrives (i.e., the decision point). The system manager must determine the...

Persistent link: https://www.econbiz.de/10010871099

Demand seasonality in retail inventory management

Ehrenthal, J.C.F.; Honhon, D.; Van Woensel, T. - In: European Journal of Operational Research 238 (2014) 2, pp. 527-539

We investigate the value of accounting for demand seasonality in inventory control. Our problem is motivated by discussions with retailers who admitted to not taking perceived seasonality patterns into account in their replenishment systems. We consider a single-location, single-item periodic...

Persistent link: https://www.econbiz.de/10010785318

Reserve stock models: Deterioration and preventive replenishment

Maddah, Bacel; Yassine, Ali A.; Salameh, Moueen K.; … - In: European Journal of Operational Research 232 (2014) 1, pp. 64-71

Reserve stocks are needed in a wide spectrum of industries from strategic oil reserves to tactical (machine buffer) reserves in manufacturing. One important aspect under-looked in research is the effect of deterioration, where a reserve stock, held for a long time, may be depleted gradually due...

Persistent link: https://www.econbiz.de/10010738152

Optimisation of integrated reverse logistics networks with different product recovery routes

Niknejad, A.; Petrovic, D. - In: European Journal of Operational Research 238 (2014) 1, pp. 143-154

remanufacturing and a disposal route. It is assumed that demand and return quantities are uncertain. A quality level is assigned to … segregate the returned products into repair, remanufacturing or disposal routes. A two phase fuzzy mixed integer optimisation …

Persistent link: https://www.econbiz.de/10010776941

Modeling a multi-attribute utility newsvendor with partial backlogging

Brito, Anderson J.; Almeida, Adiel T. de - In: European Journal of Operational Research 220 (2012) 3, pp. 820-830

Traditional newsvendor models usually focus on single profit maximization or cost minimization approaches. However, making a monetary estimate of the consequences of lost sales as a result of shortages is often a difficult task for many practitioners. Besides, there is still a lack of an...

Persistent link: https://www.econbiz.de/10010597574

Enhanced lateral transshipments in a multi-location inventory system

Paterson, Colin; Teunter, Ruud; Glazebrook, Kevin - In: European Journal of Operational Research 221 (2012) 2, pp. 317-327

In managing an inventory network, two approaches to the pooling of stock have been proposed. Reactive transshipments respond to shortages at a location by moving inventory from elsewhere within the network, while proactive stock redistribution seeks to minimize the chance of future stockouts....

Persistent link: https://www.econbiz.de/10010597580

Review of inventory systems with deterioration since 2001

Bakker, Monique; Riezebos, Jan; Teunter, Ruud H. - In: European Journal of Operational Research 221 (2012) 2, pp. 275-284

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

A Semi-Markov decision problem for proactive and reactive transshipments between multiple warehouses

Seidscher, Arkadi; Minner, Stefan - In: European Journal of Operational Research 230 (2013) 1, pp. 42-52

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

Control of a production–inventory system with returns under imperfect advance return information

Flapper, S.D.P.; Gayon, J.P.; Vercraene, S. - In: European Journal of Operational Research 218 (2012) 2, pp. 392-400

We consider a production–inventory system with product returns that are announced in advance by the customers. Demands and announcements of returns occur according to independent Poisson processes. An announced return is either actually returned or cancelled after a random return lead time. We...

Persistent link: https://www.econbiz.de/10010577586