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Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it...
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We study energy consumption and inventory control in a make-to-stock manufacturing system. We consider a Markovian system with a single server. The server consumes energy, and the associated energy cost depends on the server state: a busy server consumes more power than an idle server does, and...
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In today's volatile business environment, manufacturers often face the challenge of making sales and production decisions despite unstable market demand. Companies must strategically determine which customer orders to fulfill or which products to stock under limited resources. This study...
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