Duenyas, Izak; Hopp, Wallace J.; Bassok, Yehuda - In: Management Science 43 (1997) 10, pp. 1372-1386
We consider the situation of a supplier plant whose customer plants desire just-in-time (JIT) deliveries. Randomness in both the production and demand processes make satisfying every demand that might occur in true JIT fashion impossible. Therefore, supplier plants typically negotiate bounds on...