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This paper compares the commonly-used periodic-review, replenishment interval, order-up-to (R, T) policy to the continuous review, reorder point, order quantity, (Q, r) model. [...]
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We consider stock positioning in a pure assembly system controlled using installation base-stock policies. When component suppliers have random capacity and end-product demand is uncertain, we characterize the system's inventory dynamics. We show that components and the end product play convex...
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We consider capacity management with a long-term strategic choice, such as the number of production lines to install before demand is known, and short-time tactical decisions relating to production, inventory and subcontracting (recourse actions made after demand is known).[...]
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We compare the benefits and costs of two alternative manufacturing network configurations inthe presence of component commonality. We evaluate the trade-off between the decreasedlogistics costs and loss of risk-pooling benefits in plant networks which consolidate allcomponent manufacturing...
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