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Containerized transport by liner shipping companies is a multi billion dollar industry carrying a major part of the world trade between suppliers and customers. The liner shipping industry has come under stress in the last few years due to the economic crisis, increasing fuel costs, and capacity...
Persistent link: https://www.econbiz.de/10010588347
Motivated by a problem faced by a large manufacturer of a consumer product, we explore the interaction between production planning and capacity acquisition decisions in environments with demand growth. We study a firm producing multiple items in a multiperiod environment where demand for items...
Persistent link: https://www.econbiz.de/10009208838
This paper proposes planning models that will assist a flower grower with the land and flower variety allocation decisions in such a way that the revenues (or profits) are maximised over a given planning period. In particular, this paper presents models where the mix of flowers is modified...
Persistent link: https://www.econbiz.de/10010816715
A process system is designed for material transformations that produce certain functional chemicals while usually consuming large amounts of energy. Materials in process systems have long been the major focus of investigation to achieve better economic performance. Rising energy prices and...
Persistent link: https://www.econbiz.de/10011208425
We propose a model for the quantification of business disruption risk in a global supply chain network. To calculate the loss distribution induced by supply chain disruptions for a focal firm, we apply a bottom-up modeling approach. On the firm level, we model production disruptions of various...
Persistent link: https://www.econbiz.de/10011208593
We consider the problem of a newsvendor that is served by multiple suppliers, where any given supplier is defined to be either perfectly reliable or unreliable. By perfectly reliable we mean a supplier that delivers an amount identically equal to the amount desired, as is the case in the most...
Persistent link: https://www.econbiz.de/10009218574
Unexpected events, such as accidents or track damages, can have a significant impact on the railway system so that trains need to be canceled and delayed. In case of a disruption it is important that dispatchers quickly present a good solution in order to minimize the nuisance for the...
Persistent link: https://www.econbiz.de/10010871147
A disruption management problem for commercial airlines has been presented by Amadeus for the ROADEF 2009 Challenge, an international competition organised by the French Operational Research and Decision Support Society (ROADEF). This paper presents this industrial large scale optimisation...
Persistent link: https://www.econbiz.de/10010667479
Risk management has become an essential tool in dealing with the risk issues in supply chains. The purpose of this paper lies in surveying the applications of risk management to supply chains and reviewing the existing literature. To achieve the above purpose, some representative works are...
Persistent link: https://www.econbiz.de/10010669597
The majority of publications in the extensive literature on resource-constrained project scheduling focus on a static deterministic setting for which a so-called baseline schedule is computed prior to project execution. In the real world, however, a project may be subject to considerable...
Persistent link: https://www.econbiz.de/10010693718