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In this paper we study the problem of determining a production schedule for an order of n jobs on a single machine which is subject to stochastic machine failures. To avoid long downtime of the machine caused by unexpected failures, preventive maintenance should be planned as well. If a failure...
Persistent link: https://www.econbiz.de/10010468212
Supply chain coordination is enabled by adequately designed contracts so that decision making by multiple actors avoids efficiency losses in the supply chain. From the literature it is known that in newsvendor-type settings with random demand and deterministic supply the activities in supply...
Persistent link: https://www.econbiz.de/10011624507