Showing 1 - 5 of 5
The analysis of stochastic models is often greatly complicated if there are censored observations of the random variables. This paper characterizes families of distributions which help keep tractable the analysis of such models. Our primary motivation is to provide guidance to practitioners in...
Persistent link: https://www.econbiz.de/10009209403
Economic lot sizing and batching models often assume reliable manufacturing facilities. In this research, we focus on the effects of machine breakdowns and corrective maintenance on the economic lot sizing decisions. Two production control policies are proposed for coping with these stochastic...
Persistent link: https://www.econbiz.de/10009191808
Designing and pricing a product-line is the very essence of every business. In recent years quantitative methods to assist managers in this task have been gaining in popularity. Conjoint analysis is already widely used to measure preferences for different product profiles, and build market...
Persistent link: https://www.econbiz.de/10009191659
Machine sequencing formulations typically assume that the characteristics of the job set to be processed are given. However, in many applications, jobs can be batched in different ways. Two types of minimum flow-time sequencing problems with lot sizing are formulated. The "item-flow" formulation...
Persistent link: https://www.econbiz.de/10009209046
Traditional scheduling models have emphasized sequencing of tasks at machines. At multiple-machine work-centers mean flow times are affected by the allocation of work to machines, as well as the batch-sizes used for processing. An efficient algorithm for computing the optimal solution for the...
Persistent link: https://www.econbiz.de/10009209338