uncertain future product demand. Process flexibility results from being able to build different types of products in the same … assigning production to plants, we demonstrate that, for realistic assumptions on demand uncertainty, limited flexibility … measure is \prod (M*), the maximal probability over all groupings or sets of products (M) that there will be unfilled demand …

multiproduct supply chains facing uncertain demand. The challenge is to determine a cost-effective flexibility configuration that … is able to meet the demand with high likelihood. In this paper, we present a framework for analyzing the benefits from …

unpredictable fluctuations in demand and supply. These supply-demand imbalances are a major business risk in a vast array of … to this risk. In this article, we discuss better and worse ways to embrace mix flexibility. To begin, senior executives … create cost-effective flexible networks by strategically configuring partially flexible networks in a way that delivers …

Demand uncertainty is a key concern of electric utility planners. While the greater use of short lead time technologies …