Showing 1 - 7 of 7
We propose herein the application of Benders decomposition with stochastic linear programming instead of the mix integer linear programming (MILP) approach to solve a lot sizing problem under uncertain demand, particularly in the case of a large-scale problem involving a large number of...
Persistent link: https://www.econbiz.de/10012029411
While the basic economic order quantity model has found some practical applications, it makes a number of assumptions which do not reflect most real life inventory systems. This paper proposes an inventory system where the items ordered are capable of growing during the course of the inventory...
Persistent link: https://www.econbiz.de/10012029442
We present inventory models to schedule an imperfect manufacturing process where a proportion of the items are defective. The proportion is known; and the production is followed by a 100% inspection. The manufacturer implements a rework strategy to rectify the defective items. Since the rework...
Persistent link: https://www.econbiz.de/10012029551
The demand for perishable food products is often influenced by the selling price and the age of the items. This is because perishable food products have become commodities from consumers' point of view, hence, there are very little differences between competing brands. Consequently, factors like...
Persistent link: https://www.econbiz.de/10012259049
The presented paper considers the pricing and lot-sizing decisions for a manufacturer who produces and sells a single product in different selling channels i.e physical stock, website, mobile, etc. The objective is to find the production plan and prices of each channel to maximize the total...
Persistent link: https://www.econbiz.de/10014448191
Broiler chickens are specially raised for meat production and their supply chain is composed of breeders, hatcheries, feed mills, farms, slaughterhouses, wholesalers, and retailers. The coordination between supply chain players has great potential to streamline production and increase...
Persistent link: https://www.econbiz.de/10014448230
Food production systems are complex industrial operations that often involve multiple parties. This study proposes inventory management strategies for a multi-echelon perishable food supply chain with growing and deteriorating items. The upstream end of the proposed food supply chain is the...
Persistent link: https://www.econbiz.de/10014245490