Motivated by the advantage of just-in-time philosophy, zero-inventory is common in many industries, especially the ones that need fast response with a short lifespan. Accordingly, this paper focuses on coordinated production scheduling and distribution operation problems considering DeJong’s...

This paper investigates the production scheduling problems of allocating resources and sequencing jobs in the seru production system (SPS). As a new-type manufacturing mode arising from Japanese production practices, seru production can achieve efficiency, flexibility, and responsiveness...

This paper discusses the makespan minimization of a production batch within a specific concurrent system, seru production system. A seru production system consists of multiple independent serus. A seru is a compact assembly origination in which products are assembled...

Today's volatile market conditions in electronic industries have lead to a new production system, seru (which is the Japanese pronunciation for cell), and has been widely implemented in hundreds of Japanese and other Asia companies. In particular, the rotating seru has been widely implemented,...

Retailers often face a newsvendor problem, i.e., they must order their inventory prior to a short selling period with uncertain demand. The uncertainty can be reduced by advance selling because not only are advance orders certain, but the remaining demand can be better forecasted. Consumers,...

Advance selling through pre-orders is a strategy to transfer inventory risk from a retailer to consumers. A newsvendor retailer can have three strategies to choose from: no advance selling allowed (NAS), moderate advance selling with a moderate discount for pre-orders (MAS), and deep advance...

Existing forecasts of a continuously rising income share of health spending (SHS) take per capita income growth and population aging as given. We develop a human capital-based endogenous growth model treating these variables as endogenously determined. In this private-economy setting, SHS has...

Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...