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Since the workload of a manufacturing system changes over time, the material handling equipment used in the facility will be idle at certain time intervals to avoid system overload. In this context, a relevant control problem in operating an automated guided vehicle (AGV) system is where to...
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We develop a model for a one-time special purchasing opportunity where there is uncertainty with respect to the materialization of the discounted purchasing offer. Our model captures the phenomenon of an anticipated future event that may or may not lead to a discounted offer. We analyze the...
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We consider coordination among stocking locations through replenishment strategies that explicitly take into account lateral transshipments, i.e., transfer of a product among locations at the same echelon level. Our basic contribution is the incorporation of supply capacity into the traditional...
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A finite batch of units is produced by a process subject to random failures. The process starts from the in-control state and may shift, while producing a unit, to the out of control state. We consider the case that inspection is conducted after all the units of the batch have been produced,...
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Given the prevalence of both supplier selection and inventory control problems in supply chain management, this article addresses these problems simultaneously by developing a mathematical model for a serial system. This model determines an optimal inventory policy that coordinates the transfer...
Persistent link: https://www.econbiz.de/10008865291
Considering the inherent connection between supplier selection and inventory management in supply chain networks, this article presents a multi-period inventory lot-sizing model for a single product in a serial supply chain, where raw materials are purchased from multiple suppliers at the first...
Persistent link: https://www.econbiz.de/10010679113