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/or investments in process reliability when contracting two risk-averse suppliers. We consider that these investments can be subject …
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service level goals. The proposed model uses the expected demand and substitution probabilities between products as inputs and … has been used to analyze the effects of demand variability on profitability under service level constraint. The results of … correlations in demand leads to significantly inefficient assortments …
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This paper considers an infinite horizon stochastic production planning problem with demand assumed to be a continuous …
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We provide results for an efficient analytical valuation of partial moments of the multivariate Gaussian distribution over convex polyhedrons to aid the solution, sensitivity analysis and structural analysis of a large number of two-stage resource acquisition and allocation problems. These...
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Capacity expansion is the process of providing new facilities over time to meet rising demand. A general mathematical … model of this process is presented, incorporating uncertain future demand (including the possibility of 'surprises'), non …
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