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We consider a supply chain where multiple suppliers and a manufacturer contribute to the assembly of a product (through providing components or labor). The product fails if any of its components (or elements of work) fails, but finding the faulty component can be prohibitively difficult. We...
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We consider the production and admission control of a two-stage manufacturing system where intermediate components are produced to stock in the first stage and an end-product is assembled from these components through a second stage assembly operation which may allow backorders. The...
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We consider the joint optimization of ordering and upgrading decisions in a dynamic multiproduct system over a finite time horizon of $T$ periods. Multiple classes of demand arrive in each period stochastically following stationary distributions. Demand can be satisfied with supply of the same...
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Firms that offer multiple products are often susceptible to periods of inventory mismatches where one product may face shortages while the other has excess inventories. In this paper, we study a joint implementation of price- and capacity-based substitution mechanisms to alleviate the level of...
Persistent link: https://www.econbiz.de/10010631262
We consider the problem of allocating a single server to a system of queues with Poisson arrivals. Each queue represents a class of jobs and possesses a holding cost rate, general service distribution, and general set-up time distribution. The objective is to minimize the expected holding cost...
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