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The worldwide economic growth of the last century has given rise to a vast consumption of goods while globalization has led to large streams of goods all over the world. The production, transportation, storage and consumption of all these goods, however, have created large environmental...
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In equipment-intensive industries such as truck manufacturing, electronics manufacturing, photo copiers,
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When both purchase of new products and remanufacturing of returned products constitute options for a company, it faces a trade-off between the long purchase lead times and the high purchase costs versus the uncertainties generated by the unknown a priori quantity and quality of returns. In other...
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This article studies specific aspects of the joint replenishment problem in a real supply chain setting. Particularly we analyze the effect on inventory performance of having minimum order quantities for the different products in the joint order, given a complex transportation cost structure....
Persistent link: https://www.econbiz.de/10005137085
Response Surface Methodology (RSM) is a tool that was introduced in the early 50´s by Box and Wilson (1951). It is a collection of mathematical and statistical techniques useful for the approximation and optimization of stochastic models. Applications of RSM can be found in e.g. chemical,...
Persistent link: https://www.econbiz.de/10005137125
Real-time railway operations are subject to stochastic disturbances. Thus a timetable should be designed in such a way that it can cope with these disturbances as well as possible. For that purpose, a timetable usually contains time supplements in several process times and buffer times between...
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