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In this paper we analyse the effect of a cutoff transaction size in a simple newsboy setting. It is assumed that customers with an order larger than a prespecified size are satisfied in an alternative way, against additional cost. For compound Poisson demand with discrete order sizes, we show...
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Commercial advanced planning and scheduling (APS) systems have been around for about 25 years and have seen widespread adoption in a variety of companies. The promises made by APS system implementations are high, and at the same time, APS projects are complex, costly, and carry a significant...
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