This paper analyzes the tradeoff between (demand) substitution costs and (production) changeover costs in a discrete-time production-inventory setting using a two-product dynamic lot-sizing model with changeover, inventory carrying, and substitution costs. We first show that the problem is...

We study zero-inventory production-distribution systems under pool-point delivery. The zero-inventory production and distribution paradigm is supported in a variety of industries in which a product cannot be inventoried because of its short shelf life. The advantages of pool-point (or...

We consider the problem of scheduling operations in bufferless robotic cells that produce identical parts using either single-gripper or dual-gripper robots. The objective is to find a cyclic sequence of robot moves that minimizes the long-run average time to produce a part or, equivalently,...

New currency recirculation guidelines implemented by the Federal Reserve System (Fed) of the United States are intended to reduce the overuse of its currency processing services by depository institutions (banks). These changes are expected to have a significant impact on operating policies at...