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In a two-stage serial supply chain, a periodic flexible policy (PF policy) allows the retailer to receive fixed orders that may depend on demand history in one period of the ordering cycle and order freely in other periods. Existing literature has shown that certain PF policies can significantly...
Persistent link: https://www.econbiz.de/10012947675
Onion is an indispensable ingredient of the Indian diet, and plays a vital role in Indian economy, society, and politics. The ongoing volatility in its prices leads to significant social unrest. In this paper, we are interested in helping decision-makers to rigorously evaluate policy proposals...
Persistent link: https://www.econbiz.de/10012848673
In this paper, we use integer programming (IP) to compute minimal forecast horizons for the classical dynamic lot-sizing problem (DLS). As a solution approach for computing forecast horizons, integer programming has been largely ignored by the research community. It is our belief that the...
Persistent link: https://www.econbiz.de/10014218349
This paper analyzes the tradeoff between (demand) substitution costs and (production) changeover costs in a discrete-time production-inventory setting using a two-product dynamic lot-sizing model with changeover, inventory carrying, and substitution costs. We first show that the problem is...
Persistent link: https://www.econbiz.de/10014046787
Omnichannel firms regularly share information between their multiple channels (e.g., online vs. physical store), i.e., horizontal information sharing, to improve their operational and financial performance. As information often tends to be error-prone -- when it is collected, transmitted, or...
Persistent link: https://www.econbiz.de/10014031058
The post-pandemic world requires a renewed focus from service providers in ensuring that all customer segments receive the essential services (food, healthcare, housing, education, etc.) they need. Philanthropic service providers are unable to cope with the increased demands caused by the...
Persistent link: https://www.econbiz.de/10014031294
A Dedicated Subnetwork (DSN) refers to a subset of lanes with associated loads in a shipper’s transportation network, for which a fleet of resources – trucks, drivers, and other equipment – is exclusively assigned to carry out all shipping requirements. The resources assigned to a DSN are...
Persistent link: https://www.econbiz.de/10014040979
Line extensions – variants of existing products with new appearances, functions, or forms – constitute a significant fraction of products launched each year. While line extensions typically share components with existing products and, therefore, require lower development costs (as compared...
Persistent link: https://www.econbiz.de/10014043276
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