We consider capacity management with a long-term strategic choice, such as the number of production lines to install before demand is known, and short-time tactical decisions relating to production, inventory and subcontracting (recourse actions made after demand is known).[...]

Volume flexibility is an important but not very well understood concept that allows a firmto leverage its scarce resources for optimal utilization with upswings and downswings inbusiness. Our research using 3 different research methods suggests that the key problemsin developing a volume...

The capability to improve market responsiveness to meet future uncertain demand is acritical imperative for many firms today. Flexibility in the supply chain to accommodatesuch changes in demand is a function of the alternative routes a product may take as it travelsfrom the plant where it is...

This paper compares the commonly-used periodic-review, replenishment interval, order-up-to (R, T) policy to the continuous review, reorder point, order quantity, (Q, r) model. [...]