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We consider stock positioning in a pure assembly system controlled using installation base-stock policies. When component suppliers have random capacity and end-product demand is uncertain, we characterize the system's inventory dynamics. We show that components and the end product play convex...
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This paper studies a model of telecommunication network installation by companies in the Broadband-access business, specialized to the fixed-wire case. Under stochastic demand (modeled using scenarios), we maximize expected demand coverage subject to a budget constraint on hub installation, and...
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This paper compares the commonly-used periodic-review, replenishment interval, order-up-to (R, T) policy to the continuous review, reorder point, order quantity, (Q, r) model. [...]
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This paper compares the commonly used periodic review, replenishment interval, order-up-to (R, T ) policy to the continuous review, reorder point, order quantity, (Q, r) model. We show that long-run average cost function for the single-product (R, T ) policy has a structure similar to that of...
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