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We analyze the problem of optimal location of a set of facilities in the presence of stochastic demand and congestion. Customers travel to the closest facility to obtain service; the problem is to determine the number, locations, and capacity of the facilities. Under rather general assumptions...
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In this study, we consider the joint economic lot sizing problem (JELP) under stochastic demand. Almost all of the literature on JELP assumes that the demand is deterministic and constant with very limited exceptions. We indicate the shortcomings of the work in the literature in this regard, and...
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