Showing 1 - 10 of 16
Assigning products to and retrieving them from proper storage locations are crucial decisions in minimizing the operating cost of a unit-load warehouse. The problem becomes intractable when the warehouse faces variable supply and uncertain demand in a multiperiod setting. We assume a...
Persistent link: https://www.econbiz.de/10010990519
A heuristic scheduling policy for multi-item, single-machine scheduling systems facing stochastic, time-varying demands was previously introduced by Leachman and Gascon. In this technical note we provide an improvement to the calculations of the policy. Simulation tests of the revised version of...
Persistent link: https://www.econbiz.de/10009214475
Sarkar and Zangwill (S-Z, [Sarkar, D., W. I. Zangwill. 1991. Variance effects in cyclic production systems. Management … the merits of such a warning for JIT production systems are questionable. If we treat a setup as a PERT network, it is …
Persistent link: https://www.econbiz.de/10009214692
This paper presents a modeling framework for evaluating the benefits of coordinating promotion and production decisions … production. The modeling framework consists of the development of a baseline model and an integrated model. In the baseline … (integrated) model, the firm would consider those promotion and production decisions separately (jointly). For each of the models …
Persistent link: https://www.econbiz.de/10009214698
production and sales. We analyze and present outsourcing conditions for three contract types: (1) price-only contractswhere an ex …
Persistent link: https://www.econbiz.de/10009218316
A cyclic queue has one server and n nodes, where each node has its own distinct type of customers that arrive from the outside. The server visits the nodes cyclically, serving the customers first at node 1, then at node 2, and so on through node n, and then repeating from node 1 again. Setup...
Persistent link: https://www.econbiz.de/10009204036
allows cyclic production of several products on a single facility so as to minimize holding and set up costs. We consider the …
Persistent link: https://www.econbiz.de/10009204067
derive expressions for prices and production quantities as functions of the number of entrants at each tier of a multitier …
Persistent link: https://www.econbiz.de/10009204324
In this paper, we solve a production planning problem that has a direct bearing on the cost to a facility of vendor … the optimal production level, and the raw material order quantity which minimize the total expected cost subject to … capacity and release level constraints. The results obtained by our model (the integrated model) show that the production level …
Persistent link: https://www.econbiz.de/10009204333
We study a single-product single-location inventory system under periodic review, where excess demand is lost and the replenishment lead time is positive. The performance measure of interest is the long-run average holding cost and lost sales penalty cost. For a large class of demand...
Persistent link: https://www.econbiz.de/10009191251