We investigate how to allocate work in stochastic assembly systems so as to maximize throughput. We use Markov models for systems with exponential processing times and simulation-based methods for other probability distributions. We find that assembly systems should be unbalanced in the...

To reduce lead-time and its variability, modern supply and transportation contracts often specify the frequency of, and volume available for, future deliveries in advance even when final demand is somewhat uncertain (Yano and Gerchak [Yano, C. A., Y. Gerchak. 1989. Transportation contracts and...

In situations where a seller has surplus stock and another seller is stocked out, it may be desirable to transfer surplus stock from the former to the latter. We examine how the possibility of such transshipments between two independent locations affects the optimal inventory orders at each...