Showing 1 - 5 of 5
We develop a competitive pricing model which combines the complexity of time-varying demand and cost functions and that of scale economies arising from dynamic lot sizing costs. Each firm can replenish inventory in each of the T periods into which the planing horizon is partitioned. Fixed as...
Persistent link: https://www.econbiz.de/10005090710
We consider a family of N items which are produced in or obtained from the same production facility. Demands are deterministic for each item and each period within a given horizon of T periods. If in a given period an order is placed, setup costs are incurred. The aggregate order size is...
Persistent link: https://www.econbiz.de/10005090711
This paper conducts a probabilistic analysis of an important class of heuristics for multiitem capacitated lot sizing problems. We characterize the asymptotic performance of so-called progressive interval heuristics as T, the length of the planning horizon, goes to infinity, assuming the data...
Persistent link: https://www.econbiz.de/10005090712
One of the fundamental problems in operations management is determining the optimal investment in capacity. Capacity investment consumes resources and the decision, once made, is often irreversible. Moreover, the available capacity level affects the action space for production and inventory...
Persistent link: https://www.econbiz.de/10008464025
Lot-sizing and capacity planning are important supply chain decisions, and competition and cooperation affect the performance of these decisions. In this paper, we look into the dynamic lot sizing and resource competition problem of an industry consisting of multiple firms. A capacity...
Persistent link: https://www.econbiz.de/10008485508