Intermittent demand items account collectively for considerable proportions of the total stock value of any organization. Forecasting the relevant inventory requirements constitutes a very difficult task and most work in this area is based on Croston’s estimator that relies upon exponentially...

In many production firms it is common practice to financially reward managers for firm performance improvement. The use of financial incentives for improvement has been widely researched in several analytical and empirical studies. Literature has also addressed the strategic effect of...

We study the multi-item economic lot scheduling problem (ELSP) with two sources of production: manufacturing of new items and remanufacturing of returned items. Manufacturing and remanufacturing operations are performed on the same production line. Tang and Teunter [2006. Economic lot scheduling...

In this paper, a capacity allocation problem is discussed based on a more complex supply chain than has been typically considered in previous quantitative modelling studies. This study analyses an integrated supply chain operation from raw material purchasing to final product distribution. The...

The Croston (1972. Forecasting and stock control for intermittent demands. Operational Research Quarterly 23, 289-303) method is the standard method for forecasting intermittent demand. It has been shown to perform well in various studies and is available in most commercial forecasting packages....

We analyze the classical inventory model with backordering, where the inventory position is controlled by an order level, order quantity policy. The cost for a backorder contains a fixed and a time-proportional component. Demand can be driven by any discrete process. Order lead times may be...

In this paper, we investigate the effect of remanufacturing on capacity and production decisions. Inspired by the situation for a specific car company, we analyze a two-period model with manufacturing in both periods and the option in the second period to remanufacture products that are...

We study a risk-averse newsvendor problem with quantity competition and price competition. Under the Conditional Value-at-Risk (CVaR) criterion, we characterize the optimal quantity and pricing decisions under both quantity and price competition. For quantity competition, we consider two demand...