Showing 1 - 10 of 19
Author's abstract. Motivated by many applications such as typical blockbuster product launches, we address in this paper, an inventory/production rollover process between an old and a new product, with a random availability/admissibility date for the new product. The optimization problem...
Persistent link: https://www.econbiz.de/10011031664
In this paper, we consider a two-stage supply contract model for advanced reservation of capacity, with payback option at the beginning of the selling season. Between the two decision stages, external information is collected that serves to update the demand forecast and permits to adjust the...
Persistent link: https://www.econbiz.de/10008755654
We study a single product two-period production/inventory model, in which the demands at each period are independent random variables. To optimally satisfy these random demands, quantities can be produced at the beginning of each period using slow or fast production mode, under capacity...
Persistent link: https://www.econbiz.de/10005318293
Burke, Carillo and Vakharia [2009] consider a class of single product sourcing problems with a stochastic demand and multiple uncertain suppliers. Assuming that the demand is independent of the supplier reliabilities and uniformly distributed, they propose to write the expected profit as a...
Persistent link: https://www.econbiz.de/10010832942
We consider a class of multi-periodic non-stationary stochastic single-product inventory planning problems where two procurement modes can be used at each period: a first order with immediate delivery and a second order with a single-period delivery delay. Clearly, the slow delivery mode is less...
Persistent link: https://www.econbiz.de/10010869199
We propose a stochastic programming approach for quantitative analysis of supply contracts, involving flexibility, between a buyer and a supplier, in a supply chain framework. Specifically, we consider the case of multi-periodic contracts in the face of correlated demands. To design such...
Persistent link: https://www.econbiz.de/10005011595
The production control, via hedging point policies, of a single part type manufacturing system with stochastic capacity and demand is discussed. In the present paper, several feasible operational modes may correspond to equal hedging points. For such generalized hedging point policies, we...
Persistent link: https://www.econbiz.de/10005106607
A proposed single-product, stochastic, two-period inventory control model combines demand forecast updating with the flexibility of two supply sources. Demand is modeled by two independent, random variables over a two-period selling season. At the beginning of the first period, two quantities...
Persistent link: https://www.econbiz.de/10011076737
Based on GIS, RS technology and fractal theory, this paper analyzes land use type of a southwest town in 2010. It obtains fractal model, fractal dimension and stability index of land use types, which will provide favorable reference for healthy social and economic development of this town and...
Persistent link: https://www.econbiz.de/10010881775
In this paper, we introduce the gray correlation method of risk evaluation in meteorological disaster losses based on historical disaster data in China (mainland) and apply the improved gray relational analysis model (the triangular gray relational model) to the risk evaluation of rainstorm and...
Persistent link: https://www.econbiz.de/10010846264