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This paper considers a two-stage supply chain that a make-to-stock facility produces a single component in anticipation of future demand and a make-to-order facility produces customized products using components with the option of to accept or reject each customer order. We address the problem...
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To generate insights into how production of new items and remanufacturing and disposal of returned products can be effectively coordinated, we develop a model of a hybrid manufacturing–remanufacturing system. Formulating the model as a Markov decision process, we investigate the structure of...
Persistent link: https://www.econbiz.de/10010682476
We consider scheduling a single server in a two-class M/M/1 queueing system with finite buffers subject to holding costs and rejection costs for rejected jobs. We use dynamic programming to investigate the structural properties of optimal policies. Provided that the delay of serving a job is...
Persistent link: https://www.econbiz.de/10010759239
This paper considers an assembly system where a firm produces a single product which is assembled using two types of components (component 1 and component 2). The components are provided by individual suppliers (supplier 1 and supplier 2). We assume that the firm makes different procurement...
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We study three problems on supply chain location and inventory under uncertainty. In Chapter 2, we study the inventory purchasing and allocation problem in a movie rental chain under demand uncertainty. We formulate this problem as a newsvendor-like problem with multiple rental opportunities. We...
Persistent link: https://www.econbiz.de/10009455191
Pricing and capacity allocation are two important decisions that a service provider needs to make to maximize service quality and profit. This thesis attempts to address the pricing and capacity planning problems in operations management from the following three aspects.We first study a capacity...
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