Showing 1 - 10 of 21
Purpose—The purpose of this paper is to provide a multi-objective label correcting algorithm (MLC) to solve supply chain modeling problems. Design/methodology/approach—In the study, the proposed approach extends label correcting algorithm to apply to multi-objective problems where various...
Persistent link: https://www.econbiz.de/10011043223
Integrated production and distribution planning have received a lot of attention throughout the years and its economic advantages are well documented. However, for highly perishable products this integrated approach has to include, further than the economic aspects, the intangible value of...
Persistent link: https://www.econbiz.de/10011043263
This paper presents a make-or-buy (M–B) model in which a firm (say Firm 1) may produce in-house, or outsource a product to the unique vendor, the monopolist in the outsourcing market. Demand for the finished product is stochastic and price-sensitive, and Firm 1's information forecast about the...
Persistent link: https://www.econbiz.de/10010869072
up or the global optimization is reached. This result implies that the option is a risk-hedging tool only for easy …
Persistent link: https://www.econbiz.de/10011043218
We conducted experiments in a multi-echelon inventory system with two scenarios: no information sharing and full information sharing. The results indicate that the bullwhip effect persists even after traditional causes have been excluded. Moreover, full information sharing cannot guarantee...
Persistent link: https://www.econbiz.de/10011193817
optimization problems. These optimization problems combine aspects of traditional cutting problems and traditional scheduling and …
Persistent link: https://www.econbiz.de/10010702876
and optimization strategies. The current production environment has three separate production lines that will be … transportation schedule is ineffective, and hence a real-time dashboard based on the optimization model is suggested. The dashboard …
Persistent link: https://www.econbiz.de/10010729610
Motivated by the significant influence of trade allowance on store operation and the efficiency of shelf-space allocation, this article develops a model for optimizing category-level shelf-space management. A category shelf-space allocation framework with trade allowance is presented and a...
Persistent link: https://www.econbiz.de/10010729619
nurse shortage issue and its potential to negatively impact on patient safety and mortality. We develop optimization models …
Persistent link: https://www.econbiz.de/10010869100
we use a mathematical optimization model for replicating the decision problem. This mathematical model is solved to … optimality using a standard optimization engine. We use data referring to four different demand market situations in order to …
Persistent link: https://www.econbiz.de/10010869101