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inventory hedging under three hierarchies. We derive an easy-to-implement coordination contract and a simple policy structure … balanced adaptiveness, resilience and intertemporal imperatives. It outperforms the conventional inventory hedging and lean … management by reducing premature inventory holding in good times, and timely ramping up safety stock ahead of looming disruptions …
Persistent link: https://www.econbiz.de/10011264335
optimal to remanufacture in a given period and for given inventory levels, then it is also optimal to remanufacture when the … inventory of part(s) is higher or the inventory of remanufactured product is lower. …
Persistent link: https://www.econbiz.de/10010871198
In a recent paper, Liu [3] considers the lot-sizing problem with lower and upper bounds on the inventory levels. He …
Persistent link: https://www.econbiz.de/10011052442
and covers many interesting examples, for instance in inventory management. Due to the curse of dimensionality, the …
Persistent link: https://www.econbiz.de/10010939796
are difficult to predict based on historical data of past spare parts usages, and therefore, the optimal inventory control … the availability of spare parts. This paper presents the joint optimisation for both the inventory control of the spare … and order quantity. Because of the random nature of plant failures, stochastic cost models for spare parts inventory and …
Persistent link: https://www.econbiz.de/10010574187
In this paper, we consider an inventory system whose products share a common hardware platform but are differentiated … initial inventory level, and system parameters, but also the initial inventory level of the other product. We perform …
Persistent link: https://www.econbiz.de/10010588348
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