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Considers the dynamical effect of lateral emergency transhipments within a supply chain. It tests various different strategies for improving customer service via the MIT Beer Game. Four distinct strategies are considered. “Electronic point of sales (EPOS)”, where marketplace information is...
Persistent link: https://www.econbiz.de/10014793413
The Law of Industrial Dynamics ensures that if a production control system can amplify then it will surely find a way of doing so despite the best efforts of production schedulers to take corrective action. In fact, practical studies show that such human intervention frequently aggravates the...
Persistent link: https://www.econbiz.de/10014794130
Describes the use of a decision support system (DSS) in part of a strategic supply chain initiative of an international automotive aftermarket organisation undertaken in 1996‐97. The strategic initiative consisted of four distinct stages; a review of the current state, definition of the future...
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The application of Z-transform transfer function models to the identification of crude steel (blast furnace iron) production systems is considered. A feedback approach has been proposed, in that the desired output by the planners in the steel industry has been used to close the loop. A direct...
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It is vital that an enterprise establishes the relative performance of its processes within any market sector. As an enterprise measures and monitors the performance of its competitors’ processes vis‐à‐vis their own, the enterprise can be described as initiating a benchmarking study. This...
Persistent link: https://www.econbiz.de/10014789530
Ocean transportation has been mainly studied from an economic and strategic point of view. This paper adopts an operations management approach aiming at the identification of the value-adding attributes that characterize the ocean transportation industry. This is achieved by using Johansson <italic> <italic>et...</italic></italic>
Persistent link: https://www.econbiz.de/10010971782
This paper shows the impact of using the net present value (NPV) on parameter selection in the ordering policy of a production planning and control system. Using a well understood and documented model, the net present value is used as an objective function to determine the discounted future...
Persistent link: https://www.econbiz.de/10005333887