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We model a CONWIP (CONstant Work-in-Process) production line with deterministic processing times and exponential failure and repair times as a closed queueing network. We derive an approximation for the mean and variance of the output during a specified interval and give computable conditions...
Persistent link: https://www.econbiz.de/10009214301
We consider sealed- and open-bid total-cost procurement auctions where two attributes are used for contract award decisions: price, which is bid by the supplier, and a fixed cost adjustment, which is included by the buyer to capture nonprice factors such as logistics costs. Suppliers know only...
Persistent link: https://www.econbiz.de/10009214590
We consider the situation of a supplier plant whose customer plants desire just-in-time (JIT) deliveries. Randomness in both the production and demand processes make satisfying every demand that might occur in true JIT fashion impossible. Therefore, supplier plants typically negotiate bounds on...
Persistent link: https://www.econbiz.de/10009218452
This paper considers a firm's decisions on the introduction timing for successive product generations. We examine the case where a firm introduces multiple generations of a durable product for which demand is characterized by a demand diffusion process. Under fixed introduction costs, we...
Persistent link: https://www.econbiz.de/10009218746
No abstract available.
Persistent link: https://www.econbiz.de/10009218782
We consider the interrelated problems of (1) quoting a due date to each customer arriving to a production system modeled as a single-server queue and (2) sequencing customer orders once they are in the system. We allow several different classes of customers, each with different preferences for...
Persistent link: https://www.econbiz.de/10009203861
We consider a two-location production/inventory model where each location makes production decisions and is subject to uncertain capacity. Each location optimizes its own profits. Transshipment (at a cost) is allowed from one location to another. We focus on the question of whether one can...
Persistent link: https://www.econbiz.de/10009208465
We address an assembly problem, motivated by flat panel display manufacturing, where the quality (or performance) of the final product depends upon characteristics of the components to be assembled, which are not constant from component to component. We analyze the tradeoff between the increase...
Persistent link: https://www.econbiz.de/10009208630
Persistent link: https://www.econbiz.de/10006163781
Persistent link: https://www.econbiz.de/10006169383