Showing 1 - 8 of 8
In a recent paper, Liu [3] considers the lot-sizing problem with lower and upper bounds on the inventory levels. He proposes an O(n2) algorithm for the general problem, and an O(n) algorithm for the special case with non-speculative motives. We show that neither of the algorithms provides an...
Persistent link: https://www.econbiz.de/10011052442
This paper studies sales effort coordination for a supply chain with one manufacturer and two retail channels, where an online retailer offers a lower price and free-rides a brick-and-mortar retailer’s sales effort. The free riding effect reduces brick-and-mortar retailer’s desired effort...
Persistent link: https://www.econbiz.de/10010577602
Persistent link: https://www.econbiz.de/10005347840
In this paper, we study the stochastic version of lot-sizing problems with inventory bounds and order capacities. Customer demands, inventory bounds, and costs are subject to uncertainty and dependent with each other throughout the finite planning horizon. Two models in stochastic programming...
Persistent link: https://www.econbiz.de/10008865051
In a firm, potential conflict exists between manufacturing and sales departments. Salespersons prefer to order from manufacturing departments in advance so that they can secure products in the amount they need to satisfy customers in time. This time in advance strategy is defined as "lead-time...
Persistent link: https://www.econbiz.de/10008865138
This paper presents a model for applying revenue management to on-demand IT services. The multinomial logit model is used to describe customer choice over multiple classes with different service-level agreements (SLAs). A nonlinear programming model is provided to determine the optimal price or...
Persistent link: https://www.econbiz.de/10008865271
The paper investigates a problem faced by a make-to-order (MTO) firm that has the ability to reject or accept orders, and set prices and lead-times to influence demands. Inventory holding costs for early completed orders, tardiness costs for late delivery orders, order rejection costs,...
Persistent link: https://www.econbiz.de/10010597612
In this work, the problem of allocating a set of production lots to satisfy customer orders is considered. This research is of relevance to lot-to-order matching problems in semiconductor supply chain settings. We consider that lot-splitting is not allowed during the allocation process due to...
Persistent link: https://www.econbiz.de/10008494789