Showing 1 - 10 of 59
Given a spatial system of clients' demand functions, this paper proposes solution methods to determine the price(s), the number, the locations, the sizes, and the market areas of the plants supplying the clients in order to maximize the profit of the firm. Three alternative spatial price...
Persistent link: https://www.econbiz.de/10009191794
We present a survey of over 50 representative problems in location research. Our goal is not to review all variants of different location models or to describe solution results, but rather to provide a broad overview of major location problems that have been studied, indicating briefly how they...
Persistent link: https://www.econbiz.de/10009191883
We consider a finite-horizon, multiechelon inventory system in which the surplus of stock can be sold (i.e., disposed) in the secondary markets at each stage in the system. What are called <i>nested echelon order-up-to policies</i> are shown to be optimal for jointly managing inventory replenishments...
Persistent link: https://www.econbiz.de/10010990555
heuristics accompanied with extensive computational tests regarding their performance. It is shown that our algorithms … consistently perform near optimally. Using these heuristics, we perform experiments on the effect of operating flexibility on …
Persistent link: https://www.econbiz.de/10009209061
Cyclical scheduling, where the time between production periods for each item is constant, offers simplicity and ease of control compared with noncyclical scheduling, where production periods are irregularly spaced. However, when demands are dynamic, flexibility in the spacing of production...
Persistent link: https://www.econbiz.de/10009209080
This paper explores a technique for developing a conference (or class) schedule that maximizes the servicing of participant requests for sessions. Data regarding participant interests are collected before the time the schedule is generated. The problem contains two principal parts: (1) to...
Persistent link: https://www.econbiz.de/10009209211
This paper discusses the selection and design of heuristic procedures for solving one-dimensional roll trim problems. These are well-defined combinatorial problems which are too large to optimize. Five different roll trim problems from the paper and film industries are described along with the...
Persistent link: https://www.econbiz.de/10009209348
of such systems makes simulation and heuristics essential in studying them. In this paper we develop some theoretical … developing heuristics to deal effectively with particular cases. Reversibility deals with certain permutations of the machines …
Persistent link: https://www.econbiz.de/10009209425
In many industries, managers face the problem of selling a given stock of items by a deadline. We investigate the problem of dynamically pricing such inventories when demand is price sensitive and stochastic and the firm's objective is to maximize expected revenues. Examples that fit this...
Persistent link: https://www.econbiz.de/10009213994
The rapid growth of telecommunication capacity, driven in part by the wide-ranging deployment of fiber-optic technology has led to increasing concern regarding the survivability of such networks. In communication networks, survivability is usually defined as the percentage of total traffic...
Persistent link: https://www.econbiz.de/10009214250