Showing 1 - 10 of 16
In this paper, we use a Markov decision process (MDP) to model the joint inventory-promotion decision problem. The state variable of the MDP represents the demand state brought about by changing environmental factors as well as promotion decisions. The demand state in a period determines the...
Persistent link: https://www.econbiz.de/10009214483
This study is motivated by a process-reengineering problem in personal computer (PC) manufacturing, i.e., to move from a build-to-stock operation that is centered around end-product inventory towards a configure-to-order (CTO) operation that eliminates endproduct inventory. In fact, CTO has made...
Persistent link: https://www.econbiz.de/10009218511
In this paper, we use pattern clustering and multivariate analysis of variance methods to analyze the daily load patterns in Ontario, Canada, in order to determine the impact of the time of use (TOU) rate implementation. Our findings show that in the first year after the implementation, there...
Persistent link: https://www.econbiz.de/10010807911
Persistent link: https://www.econbiz.de/10005253843
This note formulates an assignment problem for obtaining optimal level schedules for mixed-model assembly lines in JIT production systems. The problem was formulated as a quadratic integer programming problem in a recent paper by Miltenburg (1989) where, however, only enumerative algorithms and...
Persistent link: https://www.econbiz.de/10009209084
We consider the problem of scheduling operations in bufferless robotic cells that produce identical parts. The objective is to find a cyclic sequence of robot moves that minimizes the long-run average time to produce a part or, equivalently, maximizes the throughput rate. The robot can be moved...
Persistent link: https://www.econbiz.de/10009218532
This paper analyzes the trade-off between (demand) substitution costs and (production) changeover costs in a discrete-time production-inventory setting using a two-product dynamic lot-sizing model with changeover, inventory carrying, and substitution costs. We first show that the problem is...
Persistent link: https://www.econbiz.de/10009218589
We present a classified bibliography of the literature in the area of forecast, solution, and rolling horizons primarily in operations management problems. Each one of over 200 selected papers is categorized on five dimensions that identify the horizon type, the model type (deterministic or...
Persistent link: https://www.econbiz.de/10009218647
We study a coordination contract for a supplier-retailer channel producing and selling a fashionable product exhibiting a stochastic price-dependent demand. The product's selling season is short, and the supply chain faces great demand uncertainty. We consider a scenario where the supplier...
Persistent link: https://www.econbiz.de/10008483308
Persistent link: https://www.econbiz.de/10005417990