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Persistent link: https://www.econbiz.de/10005188870
Two approaches for planning manufacturing strategy, a strategic approach and a paradigmatic approach, are introduced. The key decisions of these two approaches are, respectively, located in the choices of competitive priorities and manufacturing paradigms. Three hypothesis models on the...
Persistent link: https://www.econbiz.de/10005414137
Input-Output Analysis, together with the Laplace transform, have been applied to multi-level, multi-period production-inventory systems in a number of papers. This article gives a historical overview of the areas involved in these studies. It is shown that the input and output matrices as well...
Persistent link: https://www.econbiz.de/10005484917
Having emerged in the middle of the 20th century, the information and communication technology (ICT) industry has sprung up during the past 20 years. China plays a significant role within the ICT segment in that it has become a major supplier and a fast growing market in the world. This paper,...
Persistent link: https://www.econbiz.de/10005414335
Persistent link: https://www.econbiz.de/10005414389
This paper examines a periodic-reviewed lot sizing problem with random yields, disruptions and limited inventory capacity. To characterise the continuous production, an additive random yield model is considered rather than a multiplicative one. Disruptions cause breakdowns to production....
Persistent link: https://www.econbiz.de/10010906438
MRP Theory combines the use of Input–Output Analysis and Laplace transforms, enabling the development of a theoretical background for multi-level, multi-stage production–inventory systems together with their economic evaluation, in particular applying the Net Present Value principle (NPV).
Persistent link: https://www.econbiz.de/10011043402
The perspectives on the manufacturing footprint of global firms are widening from the economic aspects to also include the environmental and social aspects. Thus, sustainability is becoming an important issue for the location of manufacturing facilities. It is therefore timely to review the...
Persistent link: https://www.econbiz.de/10010743813
Customers may react differently when stockouts occur. In this paper we investigate the rationing policy for an inventory system with a mixture of demand classes of backorder type and lost sales type. Since the penalty cost of backorders varies with time, the priorities of demand classes also...
Persistent link: https://www.econbiz.de/10010743814
We analyze consumers' choice and overflow behavior between two potential market segments with different fares, capacity allocated, and then develop the optimal capacity and pricing polices assuming that such consumers' strategic behavior can be observed. Every consumer prefers to choose a fare...
Persistent link: https://www.econbiz.de/10010580572