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We consider a firm that markets, procures, and delivers a good with a single selling season in a number of different markets. The price for the good is market-dependent, and each market has an associated demand distribution, with parameters that depend on the amount of marketing effort applied....
Persistent link: https://www.econbiz.de/10005152116
This paper develops effective solution methods for discrete-time, finite-horizon procurement planning problems with economies of scale in procurement, price-sensitive demand, and time-invariant procurement capacities. Our models consider general concave-revenue functions in each time period, and...
Persistent link: https://www.econbiz.de/10005283751
We study a class of capacity acquisition and assignment problems with stochastic customer demands often found in operations planning contexts. In this setting, a supplier utilizes a set of distinct facilities to satisfy the demands of different customers or markets. Our model simultaneously...
Persistent link: https://www.econbiz.de/10008551296
We consider the economic lot-sizing problem with perishable items (ELS-PI), where each item has a deterministic expiration date. Although all items in stock are equivalent regardless of procurement or expiration date, we allow for an allocation mechanism that defines an order in which the items...
Persistent link: https://www.econbiz.de/10011264312
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Although splitting shipments across multiple delivery modes typically increases total shipping costs as a result of diseconomies of scale, it may offer certain benefits that can more than offset these costs. These benefits include a reduction in the probability of stockout and in the average...
Persistent link: https://www.econbiz.de/10011097675
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We consider the allocation of a limited budget to a set of activities or investments in order to maximize return from investment. In a number of practical contexts (e.g., advertising), the return from investment in an activity is effectively modeled using an S-curve, where increasing returns to...
Persistent link: https://www.econbiz.de/10005287735
We consider a scheduling problem where the firm must compete with other firms to win future jobs. Uncertainty arises as a result of incomplete information about whether the firm will win future jobs at the time the firm must create a predictive (planned) schedule. In the predictive schedule, the...
Persistent link: https://www.econbiz.de/10005257049