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This paper considers a manufacturing supply chain with multiple suppliers in the presence of multiple uncertainties such as uncertain material supplies, stochastic production times, and random customer demands. The system is subject to supply and production capacity constraints. We formulate the...
Persistent link: https://www.econbiz.de/10010738155
Der Beitrag liefert einen internationalen Vergleich zum Management der Hersteller-Zuliefer-Beziehungen in der Automobilindustrie in Japan, Europa und den USA und analysiert Komponentenstrategien, insbesondere auch für den bisher vernachlässigten Bereich der internen Zulieferer.
Persistent link: https://www.econbiz.de/10011266913
This paper concerns the joint management problem of production control and dynamic pricing to balance the finished goods inventory and market demand in a make-to-stock manufacturing system using a long-run average profit criterion. In the system, the production rate is random, with a...
Persistent link: https://www.econbiz.de/10005225571
The measurement of a firm's performance is a crucial issue for many of its stakeholders: shareholders, directors, managers and debtholders. In addition, the effectiveness of many management systems (performance evaluation, compensation, strategy implementation) as well as their impact on value...
Persistent link: https://www.econbiz.de/10005625883
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Consider an oligopolistic industry where demand uncertainty resolves after at least one firm has engaged in production. Those firms who produce first behave as simultaneous leaders (co-leaders), whilst those who produce after demand becomes observable will be followers. Each follower simply...
Persistent link: https://www.econbiz.de/10005578905
We consider the production/inventory control for a recoverable system with stochastic demand and returns where stock is replenished by manufacturing new items or remanufacturing returned items. The optimal control policy found by solving a Markov decision process (MDP) for a given problem...
Persistent link: https://www.econbiz.de/10011266508
We consider the problem of allocating a single server to a system of queues with Poisson arrivals. Each queue represents a class of jobs and possesses a holding cost rate, general service distribution, and general set-up time distribution. The objective is to minimize the expected holding cost...
Persistent link: https://www.econbiz.de/10009191619
This paper presents a discrete time model of a multi-stage production system that faces two major types of uncertainties: the output rate at each production stage and the demand for the finished product. Our goal is to analyze the impact of these uncertainties on the production level and on the...
Persistent link: https://www.econbiz.de/10009208434