Purpose: The paper provides insights regarding the optimal maintenance strategies for offshore wind farms. The maintenance strategies distinct from each other with location of the operation base and manner of logistics regarding the vessels. Methodology: The methodology for modelling the...

Presents an approach for evaluating the number of vendors to employ in a procurement situation using multi‐objective programming (MOP) and data envelopment analysis (DEA). The approach advocates developing vendor‐order quantity solutions (referred to as supervendors) using MOP and then...

We propose a new heuristic algorithm to improve the computational efficiency of the general class of Multi-Echelon Technique for Recoverable Item Control (METRIC) problems. The objective of a METRIC-based decision problem is to systematically determine the location and quantity of spares that...

Increased competition in business environments requires that firms provide not only quality but also timely service with minimal cost. Offering a delivery-time guarantee may increase the demand for a product or service, or allow the firm to charge a price premium. This paper investigates the...

The literature on the facilities location problem is quite extensive with a wide variety of solution methods for addressing these problems where the objective is cost minimization. Develops a branch and bound algorithm for solving the uncapacitated, multi‐period facility location problem where...