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This paper focuses on the issues of purchase of primary parts, production planning, and inventory management in primary and secondary warehouses under demand uncertainty simultaneously. The purpose of this study is to determine the optimal volume of purchasing primary parts from different...
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We provide a novel, supply network-based perspective on inventory productivity and incentives for its improvement. Using data from 2003 to 2019, we find that inventory productivity reduces materially and statistically significantly for firms located upstream in the supply network, and increases...
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Manufacturers usually face customers with different service requirements. The challenge they face is how to determine which customers to serve when the inventory supply is limited. We consider the problem of a manufacturer serving two types of customers: those with long term commitment, divided...
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This paper proposes a joint optimization approach for the production decisionmaking and inventory allocation in a fault-prone machine supply chain system, considering production and supply uncertainty as well as the impact of machine failure. A model based on Markov decision theory is presented...
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