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plant, number and location of warehouses, allocation of retailers to these warehouses and inventory policy for the … costs, transportation costs and inventory holding costs. This work falls under the class of integrated location inventory … location of the warehouse and inventory policy for the network is determined simultaneously. However the multiple warehouse …
Persistent link: https://www.econbiz.de/10014044849
In this paper, we present a multi-stage stochastic programming model that integrates financial hedging decisions into the planning of strategic production networks under uncertain exchange rates and product demands. This model considers the expenses of production plants and the revenues of...
Persistent link: https://www.econbiz.de/10013072915
Recently, the standard dynamic programming model of network revenue management has been extended for integrated upgrade decision-making. However, opposed to the original model, heuristically breaking the extended model down into a series of single-leg problems by dynamic programming...
Persistent link: https://www.econbiz.de/10013035570
Network Revenue Management can be formulated as a stochastic dynamic programming problem ("optimal" solution) whose exact solution is computationally intractable. Consequently, a number of heuristics have been proposed in the literature, the most popular of which are the deterministic linear...
Persistent link: https://www.econbiz.de/10014219534
The purpose of this paper is twofold. First, to evaluate the roles of a transactive memory system and the supply network flexibility of the firm as antecedents of a firm’s supply chain agility (FSCA), also incorporating the moderating role of the transactive memory system. Second, to evaluate...
Persistent link: https://www.econbiz.de/10013219767
A supply chain is the process that delivers a product or service from supplier to customer, which involves the movement of information and material flow from upstream to downstream. And supply chain management has been defined as “design, planning, execution, control and monitoring of supply...
Persistent link: https://www.econbiz.de/10013213638
In this paper, we explore how firms can manage their sourcing better by developing relationships not only with their suppliers but also with their suppliers' suppliers. We detail an empirical case study explaining how the firm developed relationships with its suppliers and raw material suppliers...
Persistent link: https://www.econbiz.de/10013063017
Logistics network design is commonly recognized as a strategic supplychain issue of prime importance. The location of production facilities,storage concepts, and transportation strategies are major determinantsof supply chain performance. This chapter considers logistics network design for the...
Persistent link: https://www.econbiz.de/10014031504
Emerging technologies such as drone delivery services enable retailers to cost-effectively offer unprecedented delivery speed and adaptable delivery lead times using dedicated aerial vehicles for individual orders. A natural and important question arises: What is the impact of a drone delivery...
Persistent link: https://www.econbiz.de/10014103482
With the development of the 4th Industrial Revolution technology, the digitalization of supply chain is also receiving a lot of attention. With various technological developments, the importance of digital transformation in a firm's supply chain is increasing. Therefore, for a more comprehensive...
Persistent link: https://www.econbiz.de/10014460691