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Manufacturing firms in capital-intensive industries face inherent demand volatility for their products and the inability to change their capacity quickly. To cope with these challenges, manufacturers often enter into contracts with their customers that offer greater certainty of supply in return...
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We consider a manufacturer-retailer supply chain for a seasonal product whose demand is weather sensitive. The retailer orders from the manufacturer (supplier) prior to the selling season and then sells to the market. We examine how a manufacturer can structure a weather-linked rebate to improve...
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We investigate the problem of determining optimal planned leadtimes in serial production systems in which the actual procurement and processing times may be stochastic. The objective is to minimize the sum of inventory holding costs and job tardiness costs given a customer specified due-date. We...
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