Showing 1 - 10 of 31
We analyze a continuous review (Q, r) stochastic inventory model in which orders placed with a make-to-order manufacturer can be shipped via two alternative freight modes differing in lead time and costs. The costs of placing an order and using each freight mode consist of fixed components and...
Persistent link: https://www.econbiz.de/10009218789
Economic lot sizing and batching models often assume reliable manufacturing facilities. In this research, we focus on the effects of machine breakdowns and corrective maintenance on the economic lot sizing decisions. Two production control policies are proposed for coping with these stochastic...
Persistent link: https://www.econbiz.de/10009191808
In many practical applications or multi-item inventory systems significant economies of scale can be exploited when coordinating replenishment orders for groups of items. This paper considers a continuous review multi-item inventory system with compound Poisson demand processes; excess demands...
Persistent link: https://www.econbiz.de/10009214125
We consider the Policy Iteration Algorithm for undiscounted Markov Renewal Programs. Previous specifications of the policy evaluation part of this algorithm all required the analysis of the chain structure for each policy generated. The purpose of this paper is to provide a unique specification...
Persistent link: https://www.econbiz.de/10009208584
We consider distribution systems with a depot and many geographically dispersed retailers each of which faces external demands occurring at constant, deterministic but retailer specific rates. All stock enters the system through the depot from where it is distributed to the retailers by a fleet...
Persistent link: https://www.econbiz.de/10009208671
We consider multimachine scheduling problems with earliness and tardiness costs. We first, analyze problems in which the cost of a job is given by a general nondecreasing, convex function F of the absolute deviation of its completion time from a (common) unrestrictive due-date, and the objective...
Persistent link: https://www.econbiz.de/10009191554
This paper considers an M/G/c queueing system serving a finite number (J) of distinct customer classes. Performance of the system, as measured by the vector of steady-state expected waiting times of the customer classes (the performance vector), may be controlled by adopting an appropriate...
Persistent link: https://www.econbiz.de/10009191716
In this paper we develop a model for a capacitated production/distribution network of general (but acyclic) topology with a general bill of materials, as considered in MRP (Material Requirement Planning) or DRP (Distribution Requirement Planning) systems. This model assumes stationary,...
Persistent link: https://www.econbiz.de/10009191981
We consider the problem of scheduling n jobs, each with a specific processing requirement, release time and due date on m uniform parallel machines. It is shown that a feasible schedule can be obtained by determining the maximum flow in a network, thus permitting the use of standard network flow...
Persistent link: https://www.econbiz.de/10009197344
No abstract available.
Persistent link: https://www.econbiz.de/10009197432