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Persistent link: https://www.econbiz.de/10012273615
A decision maker (DM) considers the acquisition of a multi-attribute object with uncertain qualities which can be discovered at a cost. DM's problem is to decide how much to invest in the discovery and whether to adopt or discard based on partial information. We characterize the solution in some...
Persistent link: https://www.econbiz.de/10011117130
The classical multi-level capacitated lot-sizing problem formulation is often not suitable to correctly capture resource requirements and precedence relations. Depending on lead time assumptions, either the model provides infeasible production plans or plans with costly needless inventory. We...
Persistent link: https://www.econbiz.de/10011117496
Solar energy is rapidly emerging thanks to the decreasing installation cost of solar panels and the renewable portfolio standard imposed by state governments, which gave birth to the Renewable Energy Credit (REC) and the Alternative Compliance Payment (ACP). To make profits from the REC market...
Persistent link: https://www.econbiz.de/10011208282
Persistent link: https://www.econbiz.de/10010896538
Several production environments require simultaneous planing of sizing and scheduling of sequences of production lots. Integration of sequencing decisions in lotsizing and scheduling problems has received an increased attention from the research community due to its inherent applicability to...
Persistent link: https://www.econbiz.de/10010906813
In recent years multi-channel retail systems have received increasing interest. Partly due to growing online business that serves as a second sales channel for many firms, offering channel specific prices has become a common form of revenue management. We analyze conditions for known inventory...
Persistent link: https://www.econbiz.de/10011052400
Deplaning naturally occurs row by row down the length of an aircraft. Using simulation and optimization, we design deplaning strategies (e.g., deplane by group and/or column) that significantly reduce the overall unstructured deplaning time. The evaluations derived from a combination of...
Persistent link: https://www.econbiz.de/10010744104
The widely adopted slap-and-ship radio frequency identification strategy provides valuable information to retailers. On the other hand, suppliers struggle to find benefits even though they are submerged with new data. Radio frequency identification provides complete visibility of their...
Persistent link: https://www.econbiz.de/10008521475
In recent years, the use of radio frequency identification (RFID) within supply chain management has received considerable attention. A significant upfront investment together with uncertain return on investment, however, remain impediments to deployments of RFID systems. This paper proposes a...
Persistent link: https://www.econbiz.de/10008523184