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A cyclic queue has one server and n nodes, where each node has its own distinct type of customers that arrive from the …, cyclic queues required that the work at any node arrive from the outside only. Our extension permits special nodes termed …
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Utilizing a cyclic queue system, this paper investigates the effect of variance on a multi-item production facility …. Reduction in setup time, for example, is usually presumed to reduce inventory. We demonstrate that inventory can blow up if … examined, such as its relationship to KAIZEN and Just-In-Time production practices, and especially its property of impairing …
Persistent link: https://www.econbiz.de/10009191199
. Furthermore, seasonal trends can result in the firm engaging in counter-cyclic pricing through price promotions. I test the … predictions of this model using a seasonal dynamic structural inventory model where consumers make decisions on whether to search …
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variability should be managed through artificial means such as safety stock, and appropriate triggers for changing production … production and inventory control with the goal of finding the appropriate trade-off between minimizing cost (of holding inventory … effectively does not mean reacting to every change in supply or demand. Doing so means increasing supply chain variability …
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An important observation in supply chain management, known as the bullwhip effect, suggests that demand variability …
Persistent link: https://www.econbiz.de/10009214194
financial advantages when compared to companies that still followed a more traditional mode of production. The results also …
Persistent link: https://www.econbiz.de/10009457236