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A decentralized system of competing retailers that order and sell the same product in a sales season is studied. When a customer demand occurs at a stocked-out retailer, that retailer requests a unit to be transshipped from another retailer who charges a transshipment price. If this request is...
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A flexible manufacturing system (FMS) is an integrated, computer-controlled complex of automated material handling devices and numerically controlled machine tools that can simultaneously process medium-sized volumes of a variety of part types. FMSs are becoming an attractive substitute for the...
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When a make-to-order manufacturing company adopts a commit-to-delivery business mode, it commits a delivery due date for an order and is responsible for the shipping cost. Without loss of generality, we consider that transportation is done by a third-party logistics company, such as FedEx or...
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A flexible manufacturing system (FMS) is an integrated system of computer numerically controlled machine tools connected with automated material handling. A set of production planning problems for FMSs has been defined (Stecke [Stecke, Kathryn E. 1983. Formulation and solution of nonlinear...
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