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Turnpike Horizons for Production Planning

Sethi, Suresh - 2019

A quadratic model for production-inventory planning was made famous by Holt, Modigliani, Muth, and Simon in 1960 in [3], especially for its application to a paint factory. A discrete control version of a related quadratic production-inventory model was studied by Kleindorfer, Kriebel, Thompson,...

Persistent link: https://www.econbiz.de/10012746433

Control of a Stochastic Production System with Estimated Parameters

Denardo, Eric V.; Tang, Christopher S. - In: Management Science 43 (1997) 9, pp. 1296-1307

For an uncertain production system, the rule that controls the flow of material relies on parameters, such as the yield rates and the demand rate. These parameters are estimates, and they are usually inaccurate. In this paper, we analyze a type of "pull" rule called a proportional restoration...

Persistent link: https://www.econbiz.de/10009209042

Cyclical Schedules for Capacitated Lot Sizing with Dynamic Demands

Campbell, Gerard M.; Mabert, Vincent A. - In: Management Science 37 (1991) 4, pp. 409-427

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

Global Production Planning Under Exchange-Rate Uncertainty

Kazaz, Burak; Dada, Maqbool; Moskowitz, Herbert - In: Management Science 51 (2005) 7, pp. 1101-1119

Motivated by an aggregate production-planning problem in an actual global manufacturing network, we examine the impact … integrated into the overall aggregate planning strategy of a global manufacturing firm. …

Persistent link: https://www.econbiz.de/10009209117

Note---Controlling Inventories in an Acyclic Assembly System

Tang, Christopher S. - In: Management Science 38 (1992) 5, pp. 743-750

This note presents a model of an acyclic assembly system that faces yield loss and uncertain demand. While there is no …

Persistent link: https://www.econbiz.de/10009209335

Coordination of Pricing and Multiple-Period Production Across Multiple Constant Priced Goods

Gilbert, Stephen M. - In: Management Science 46 (2000) 12, pp. 1602-1616

This paper addresses the problem of jointly determining prices and production schedules for a set of items that are produced on the same production equipment. Under the assumptions that the production setup costs are negligible and that demand is seasonal but price dependent, we exploit the...

Persistent link: https://www.econbiz.de/10009214277

Doing the Right Thing or Doing the Thing Right: Allocating Resources Between Marketing Research and Manufacturing

Hess, James D.; Lucas, Marilyn T. - In: Management Science 50 (2004) 4, pp. 521-526

Matching production with sales potential is essential for survival in volatile markets. Manufacturing and marketing … marketing research should a firm do when it takes resources away from manufacturing the goods that generate revenue?" To …

Persistent link: https://www.econbiz.de/10009214486

Joint Production and Pricing Decisions with Setup Costs and Capacity Constraints

Deng, Shiming; Yano, Candace A. - In: Management Science 52 (2006) 5, pp. 741-756

optimum-seeking marketing department makes pricing decisions and the manufacturing department seeks to satisfy the resulting …

Persistent link: https://www.econbiz.de/10009214556

On the Benefits of Collaborative Forecasting Partnerships Between Retailers and Manufacturers

Aviv, Yossi - In: Management Science 53 (2007) 5, pp. 777-794

This paper studies the potential benefits of collaborative forecasting (CF) partnerships in a supply chain that consists of a manufacturer and a retailer. To reflect the reality in production environments, we propose a scorecard that captures inventory considerations, production smoothing, and...

Persistent link: https://www.econbiz.de/10009218001

Bottleneck Resource Allocation in Manufacturing

Balakrishan, Anantaram; Francis, Richard L.; … - In: Management Science 42 (1996) 11, pp. 1611-1625

Many resource-allocation problems in manufacturing and service operations require selecting integer-valued levels for … generalization applies to assembly-release planning (ARP) in a multiproduct assemble-to-forecast environment with part commonality …. The ARP problem requires deciding the number of kits for each product to release for assembly in every time period, using …

Persistent link: https://www.econbiz.de/10009218164

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