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We consider dynamic capacity booking problems faced by multiple manufacturers each outsourcing certain operations to a common third-party firm. Each manufacturer, upon observing the current state of the third-party schedule, books capacity with the objective to jointly minimize holding costs...
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A set of manufacturers outsources certain operations to a single third party following the announcement of a booking price for each available day of production. Knowing these costs, manufacturers book available production days in a first-come-first-serve order to optimize their individual cost....
Persistent link: https://www.econbiz.de/10013047149
Managing the supply chain has recently been the most significant task for manufacturing companies toward cost efficiency and customer satisfaction. Globalization not only increased the size of supply chains, but also created an environment where competing suppliers, manufacturers, and...
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