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We introduce an optimization-based production planning tool for the biotechnology industry. The industry’s planning problem is unusually challenging because the entire production process is regulated by multiple external agencies – such as the US Food and Drug Administration – representing...
Persistent link: https://www.econbiz.de/10011052706
Solving large-scale p-median problems is usually time consuming. People often aggregate the demand points in a large-scale p-median problem to reduce its problem size and make it easier to solve. Most traditional research on demand point aggregation is either experimental or assuming uniformly...
Persistent link: https://www.econbiz.de/10008483372
We model a retailer whose supplier is subject to complete supply disruptions. We combine discrete-event uncertainty (disruptions) and continuous sources of uncertainty (stochastic demand or supply yield), which have different impacts on optimal inventory settings. This prevents optimal solutions...
Persistent link: https://www.econbiz.de/10008494782
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In this paper, we consider a capacitated single-level dynamic lot-sizing problem with sequence-dependent setup costs and times that includes product substitution options. The model is motivated from a real-world production planning problem of a manufacturer of plastic sheets used as an...
Persistent link: https://www.econbiz.de/10009249581
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