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The decision of the supplier selection is very important for a company to be successful. Selecting the right suppliers will decrease company’s purchasing cost, increase customer satisfaction and improve the competition capacity. This paper is dealt with supplier selection problem. AHP and...
Persistent link: https://www.econbiz.de/10009141339
This contribution focuses on the cost-effective management of the combined use of two procurement options: the short-term option is given by a spot market with random price, whereas the long-term alternative is characterized by a multi period capacity reservation contract with fixed purchase...
Persistent link: https://www.econbiz.de/10009225225
The paper represents a means of substantiating the optimal politicy of transport and distribution of goods groupage using Markov’s decisional processes, respectively through R. Howard’s method of strategies’ space. This kind of method is based on an iterative optimization algorithm, whose...
Persistent link: https://www.econbiz.de/10008691281
In projects with a flexible project structure, the activities that have to be scheduled are not completely known beforehand. Instead, scheduling such a project includes the decision whether to carry out particular activities at all. This also effects precedence constraints between the finally...
Persistent link: https://www.econbiz.de/10010769221
This paper is concerned with solving a vendor–buyer integrated inventory problem with rework and a specific multi-delivery policy by a two-phase algebraic approach. Conventional method to the problem is to use differential calculus and Hessian matrix equations to prove convexity of system cost...
Persistent link: https://www.econbiz.de/10010729841
In this paper we introduce robust versions of the classical static and dynamic single leg seat allocation models as analyzed by Wollmer, and Lautenbacher and Stidham, respectively. These robust models take into account the inaccurate estimates of the underlying probability distributions. As...
Persistent link: https://www.econbiz.de/10010730861
This paper discusses how a manufacturer and its retailers interact with each other to optimize their product marketing strategies, platform product configuration and inventory policies in a VMI (Vendor Managed Inventory) supply chain. The manufacturer procures raw materials from multiple...
Persistent link: https://www.econbiz.de/10010730927
The Dutch national road network has been developed over several decades. In the past, roads were constructed according to the then current spatial and transportation planning philosophies. Because the existing road network is a result of a long process of successive developments, the question...
Persistent link: https://www.econbiz.de/10010730958
In this paper, we discuss an approximation method based on G/G/m queuing network modeling using Whitt’s (1983) queuing network analyzer to analyze pick-and-pass order picking systems. The objective of this approximation method is to provide an instrument for obtaining rapid performance...
Persistent link: https://www.econbiz.de/10010730989
At the time of writing we entered the final stage of implementing the crew rostering system Harmony CDR to facilitate the planning of catering crews on board of the Thalys, the High Speed Train connecting Paris, Cologne, Brussels, Amsterdam, and Geneva. Harmony CDR optimally supports the...
Persistent link: https://www.econbiz.de/10010730991