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This paper presents a model of a bottleneck facility that performs two distinct types of operations: "regular" and "rework." Each job is subjected to a test after completing the regular operation at the bottleneck. If the job passes the test, then it continues its process downstream. Otherwise,...
Persistent link: https://www.econbiz.de/10009204540
Many companies have embarked on initiatives that enable more demand information sharing between retailers and their upstream suppliers. While the literature on such initiatives in the business press is proliferating, it is not clear how one can quantify the benefits of these initiatives and how...
Persistent link: https://www.econbiz.de/10009204616
This paper presents a model of a bottleneck facility that performs two distinct types of operations: "regular" and "repair." Both switch-over time and cost are incurred when the facility switches from performing one type of operation to a different type. Upon the completion of a batch of jobs in...
Persistent link: https://www.econbiz.de/10009208738
Tackling the steep increase in drug costs is an especially important issue among many health care providers and insurers. To entice the clinics to become more cost efficient, the U.S. federal government, as well as many HMOs, have developed various cost containment initiatives recently. However,...
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We consider an on-demand service platform using earning sensitive independent providers with heterogeneous reservation price (for work participation) to serve its time and price sensitive customers with heterogeneous valuation of the service. As such, both the supply and demand are...
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