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Today's economy is characterized by increased competition, faster product development and increased product differentiation. As a consequence product lifecycles become shorter and demand patterns become more volatile which especially affects the retail industry. This new situation imposes...
Persistent link: https://www.econbiz.de/10011656506
Little research has been done on hierarchical production planning systems (HPPS) in the context of rolling schedules with service-level constraints. Here, we adapt the stabilized-cycle strategy, which has initially been created for the master planning level (Meistering and Stadtler in Prod Oper...
Persistent link: https://www.econbiz.de/10012502901
This paper considers a financing problem for an innovative firm that is launching a web-based platform. The entrepreneur, on one hand, faces a large degree of demand uncertainty on his product and on the other hand has to deal with incentive problems of professional blockchain participants who...
Persistent link: https://www.econbiz.de/10012611789
Supply chain integration (SCI) has become increasingly important among firms. Several studies have addressed SCI's effect on firm performance. However, many moderating factors such as demand uncertainty can influence its effect. In this study, we empirically examined the moderating effect of...
Persistent link: https://www.econbiz.de/10012657136
This research mainly aims to provide a practical method to (1) rank a firm's customers, (2) determine the implied uncertainty for customers' demand, and (3) allocate supply chain (SC) resources for meeting customer demands in an equitable manner in order to provide them with an...
Persistent link: https://www.econbiz.de/10012662826
Nearly every eighth German hospital faces an elevated risk of bankruptcy. An inappropriate use of inventory management practices is among the causes. Hospitals suffer from demand and lead time uncertainty, and the current COVID-19 pandemic worsened the plight. The popular business logistics...
Persistent link: https://www.econbiz.de/10014503831
We study a new variant of the classical lot sizing problem with uncertain demand where neither the planning horizon nor demands are known exactly. This situation arises in practice when customer demands arriving over time are confirmed rather lately during the transportation process. In terms of...
Persistent link: https://www.econbiz.de/10014504135
Supply chains are exposed to many types of risks and it may not be obvious where to keep safety stocks in the supply chain to hedge against those risks, while maintaining a high customer service level. In this paper, we develop an approach to determine the safety stock levels in supply chain...
Persistent link: https://www.econbiz.de/10011825926
Production planning and control in remanufacturing are more complex than those in traditional manufacturing. Developing a reliable forecasting process is the first step for optimization of the overall planning process. In remanufacturing, forecasting the timing of demands is one of the critical...
Persistent link: https://www.econbiz.de/10011615733
To design a group layout of a cellular manufacturing system (CMS) in a dynamic environment, a multi-objective mixed-integer non-linear programming model is developed. The model integrates cell formation, group layout and production planning (PP) as three interrelated decisions involved in the...
Persistent link: https://www.econbiz.de/10011640808