Showing 1 - 10 of 20
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
Products with high product variety are often made in a manufacturing process (or a supply chain) consisting of multiple stages, with products taking certain features or "personalities" at each stage. The product may start as a common single engine. As the product moves along manufacturing...
Persistent link: https://www.econbiz.de/10009209133
This note presents a model of an acyclic assembly system that faces yield loss and uncertain demand. While there is no known production rule for managing acyclic systems, we develop a production rule whose operating characteristics could be measured analytically. Thus, the operating...
Persistent link: https://www.econbiz.de/10009209335
This paper describes a class of separable convex programs with tree constraints that has applications in production planning, quality improvement, and other related areas. A reduction procedure is presented for solving this class of separable convex programs with N variables. This reduction...
Persistent link: https://www.econbiz.de/10009214164
This paper presents a modeling framework for evaluating the benefits of coordinating promotion and production decisions over a finite planning horizon within a firm. These decisions include the timing and level of promotion, and the level of production. The modeling framework consists of the...
Persistent link: https://www.econbiz.de/10009214698
This paper studies the value to a supplier of obtaining better information about a buyer's cost structure, and of being able to offer more general contracts. We use the bilateral monopoly setting to analyze six scenarios: three increasingly general contracts (wholesale-pricing schemes, two-part...
Persistent link: https://www.econbiz.de/10009214808
Consider a retailer who sells perishable seasonal products with uncertain demand. Due to the short sales season and long replenishment lead times associated with such products, the retailer is unable to update demand forecasts by using actual sales data generated from the early part of the...
Persistent link: https://www.econbiz.de/10009218425
No abstract available.
Persistent link: https://www.econbiz.de/10009203660
We determine the optimal ordering policy for a retailer who has two instants to order a seasonal product from a manufacturer prior to a single selling season. While the demand is uncertain, the retailer can improve the forecast by utilizing the market signals observed between the first and...
Persistent link: https://www.econbiz.de/10009203820
This special issue, by addressing problems surrounding marketing and operations management, depicts state-of-the-art approaches, methodologies, and insights to improve a firm's or supply chain's overall performance. Top scholars in the field address many of the ways in which companies can...
Persistent link: https://www.econbiz.de/10009203986