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Persistent link: https://www.econbiz.de/10005253443
Solving large-scale p-median problems is usually time consuming. People often aggregate the demand points in a large-scale p-median problem to reduce its problem size and make it easier to solve. Most traditional research on demand point aggregation is either experimental or assuming uniformly...
Persistent link: https://www.econbiz.de/10008483372
We consider a continuous-review inventory problem for a retailer facing constant customer demand for a single product. This retailer is assumed to follow the well known and widely used order-up-to policy in making replenishment decisions, and can order from two suppliers who differ in...
Persistent link: https://www.econbiz.de/10010595015
This paper addresses the question of how durable or reliable manufacturers of durable goods should make their products. Essentially, consumers are likely willing to pay more for a more durable product, yet increased durability depresses replacement demand. We gain insight into this trade-off by...
Persistent link: https://www.econbiz.de/10011043251
We study a variation of the Integrated Production and Distribution Problem (IPDP) in which orders are processed and delivered in batches with limited vehicle capacity. We emphasize the no-wait condition between the production and distribution of each batch, and prove that the general version of...
Persistent link: https://www.econbiz.de/10011193837