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In equipment-intensive industries such as truck manufacturing, electronics manufacturing, photo copiers,and airliners, service parts are often slow moving items for which, in some cases, the transshipment timeis not negligible. However, this aspect is hardly considered in the existing spare...
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This article studies specific aspects of the joint replenishment problem in a realsupply chain setting. Particularly we analyze the effect on inventory performance of havingminimum order quantities for the different products in the joint order, given a complextransportation cost structure. The...
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Response Surface Methodology (RSM) is a tool that was introduced in the early 50's by Box and Wilson (1951). It is a collection of mathematical and statistical techniques useful for the approximation and optimization of stochastic models. Applications of RSM can be found in e.g. chemical,...
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