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This paper evaluates the effects of the distribution centre (DC) in a vendor-managed inventory (VMI) system comprising one manufacturer, one DC and n retailers. Adopting the order-up-to-level (OUL) replenishment policy, the system aims to maximize the overall system profit. We propose a model to...
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This paper provides a comparative analysis of five possible production strategies for two kinds of flexibility investment, namely flexible technology and flexible capacity, under demand fluctuations. Each strategy is underpinned by a set of operations decisions on technology level, capacity...
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