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We consider the setting of a firm operating multiple warehouses and multiple stores where each warehouse is endowed with an initial non-replenishable inventory. There is a finite selling horizon and, at the beginning of each period, the firm needs to decide for each store how many units of...
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To improve operational flexibility, throughput capacity, and responsiveness in order fulfillment operations, several distribution centers are implementing autonomous vehicle-based storage and retrieval (AVS/R) system in their high-density storage areas. In such systems, vehicles are self-powered...
Persistent link: https://www.econbiz.de/10014128284
Well-designed and timely reminders can mitigate individuals’ limited attention by bringing the desirable activity (and its outcome) to the top of their minds. However, individuals may mentally switch off to such reminders if they are delivered repetitively in a monotonous fashion. Drawing from...
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In order to survive in the global volatile market place, supply chain analysts’ are brainstorming to arrive at robust inventory control policies that prevents inventory worth of millions of dollars to get tied up in the chain and at the same time ensures to achieve the differentiated customer...
Persistent link: https://www.econbiz.de/10010734236
Vehicle rental providers offer differentiated services to reserve and walk-in customers. In this research, we study one such service differentiation strategy, a vehicle threshold policy, which is to hold vehicles for reserve class customers in anticipation of their future arrivals. To consider...
Persistent link: https://www.econbiz.de/10010598225
We develop a quick and approximate way to address the fleet sizing problem for transporters with non-stationary demands and uncertain trip times. Non-stationary demands are modeled using Markov-modulated Poisson process (MMPP) and the variable fleet size is modeled using multi-server queuing...
Persistent link: https://www.econbiz.de/10010600834
Technological innovations in warehouse automation systems, such as Autonomous Vehicle based Storage and Retrieval System (AVS/RS), are geared towards achieving greater operational efficiency and flexibility that would be necessary in warehouses of the future. AVS/RS relies on autonomous vehicles...
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