The classical scheduling literature considers many problems where a given set of jobs must be processed at minimum cost, subject to various resource constraints. The literature only considers the issue of revenue generation in a very limited way, by allowing a job to remain unprocessed and its...

This paper considers the coordination of pricing and scheduling decisions in a make-to-order environment. Following common industry practice, we assume knowledge of a deterministic demand function that is nonincreasing in price. We consider three alternative measures of scheduling cost: total...

We consider the problem of scheduling operations in bufferless robotic cells that produce identical parts. The objective is to find a cyclic sequence of robot moves that minimizes the long-run average time to produce a part or, equivalently, maximizes the throughput rate. The robot can be moved...

This paper analyzes the trade-off between (demand) substitution costs and (production) changeover costs in a discrete-time production-inventory setting using a two-product dynamic lot-sizing model with changeover, inventory carrying, and substitution costs. We first show that the problem is...

We address the scheduling of operations in a robotic cell that produces multiple part-types. The objective is to obtain a cyclic schedule--a sequence of robot moves and an ordering of the parts--that minimizes the long-run average time to produce a part or, equivalently, maximizes the...

New currency recirculation guidelines implemented by the Federal Reserve System (Fed) of the United States are intended to reduce the overuse of its currency processing services by depository institutions (banks). These changes are expected to have a significant impact on operating policies at...

The effective local reuse of physical cash by depository institutions (DIs) is the primary goal of the new cash recirculation policy of the Federal Reserve System (Fed) of the United States. These guidelines, implemented since July 2007, encourage the reuse of cash by (i) penalizing a DI for the...