This paper studies the problem of how to coordinate postponed product differentiation and forecast update to improve manufacturing efficiency. We consider a two-stage model of multiple products with a common component. In stage 1, the manager obtains a prior demand distribution of each product...

This paper studies production planning with random yield and demand. It is a departure from previous studies of random yield in that it defines the sale price and the purchasing cost as exogenous and increasing with decreasing yield. While this behavior can be observed in various industries...

The present paper proposes a mathematical model and a solution approach to the Stochastic Capacity Planning and Dynamic Network Design Problem. Here, strategic decisions usually comprise developing the necessary capacity — through either incrementing capacity on existing assets (facilities or...

This study investigates multiperiod service level (MSL) policies in supply chains facing a stochastic customer demand. The objective of the supply chains is to construct integrated replenishment plans that satisfy strict stockout-oriented performance measures which apply across a multiperiod...

We consider the extended economic production quantity (EPQ) problem when demand follows a Poisson process in a production system. A fixed lot sizing policy is implemented to minimize fluctuation of workload, and to smooth production planning and inventory control. The considered costs include...

Products are often demanded in tandem because of the cross-selling effect. The demand for an item can increase if sales of its cross-selling-associated items are achieved or decrease when the associated items are out of stock, resulting in lost sales. Therefore, a joint inventory policy should...

This study chooses two product technological elements (customized design and modular design) and two operations technological elements (process automation and process flexibility) from among a number of best practices to study their impact on organization structure, including centralization,...

Recortar los tiempos de desarrollo de los nuevos productos se ha convertido en un factor crítico para el mantenimiento de una ventaja competitiva; lo que no es óbice para que sea aún un tema de investigación en ciernes. Por ello, a fin de ahondar en esta cuestión, en este trabajo nos...