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We consider coordination among stocking locations through replenishment strategies that explicitly take into account lateral transshipments, i.e., transfer of a product among locations at the same echelon level. Our basic contribution is the incorporation of supply capacity into the traditional...
Persistent link: https://www.econbiz.de/10011052718
Transshipments, monitored movements of material at the same echelon of a supply chain, represent an effective pooling mechanism. Earlier papers dealing with transshipments either do not incorporate replenishment lead times into their analysis, or only provide a heuristic algorithm where...
Persistent link: https://www.econbiz.de/10011043262
In the absence of a clear command and control structure, a key challenge in supply chain management is the coordination and alignment of supply chain members who pursue divergent and often conflicting goals. The newsvendor model is typically used as a framework to quantify the cost of...
Persistent link: https://www.econbiz.de/10005023411
The last decade has seen a growing consensus that manufacturing matters. The factory as the producing unit is the core of the firm's manufacturing activities. However, even now, it is not agreed on or even fully understood what constitutes a well-managed factory. This article attempts to create...
Persistent link: https://www.econbiz.de/10009211902
We consider a supply chain where a contract manufacturer (CM) serves a number of original equipment manufacturers (OEMs). Investment into productive resources is made before demand realization, hence the supply chain faces the risk of under- or overinvestment. The CM and OEMs differ in their...
Persistent link: https://www.econbiz.de/10009218832
Steady-state simulation runs typically contain an initial transient phase that biases output performance measure estimators, unless the simulation observations at the beginning of the simulation runs are discarded. It is useful to understand the effect of this initial transient on output...
Persistent link: https://www.econbiz.de/10010870108
The National Collegiate Athletic Association׳s (NCAA) men׳s Division I college basketball tournament is an annual competition that draws widespread attention in the United States. Predicting the winner of each game is a popular activity undertaken by numerous websites, fans, and more recently,...
Persistent link: https://www.econbiz.de/10011051855
The simple assembly line balancing problem (SALBP) is a well-studied NP-complete problem for which a new problem database of generated instances was published in 2013. This paper describes the application of a branch, bound, and remember (BB&R) algorithm using the cyclic best-first search...
Persistent link: https://www.econbiz.de/10010753504
As of November 2008, the number of cell phone subscribers in the US exceeded 267 million, nearly three times more than the 97 million subscribers in June 2000. This rapid growth in cell phone use has led to concerns regarding their impact on driver performance and road safety. Numerous...
Persistent link: https://www.econbiz.de/10008551190
Persistent link: https://www.econbiz.de/10005287426