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We introduce a heuristic method for finding good feasible solutions for multi-product lot sizing problems with general assembly structures, multiple constrained resources, and non-zero setup costs and setup times. We evaluate the performance of this heuristic by comparing its solutions to...
We develop an open information standard to assist supply chain modeling, analysis, and decision support. The Supply Chain Modeling Language (SCML) is a platform- and methodology-independent Extensible Markup Language (XML)-based markup language for storing supply chain structural and managerial...
This paper addresses the problem of aligning demand and supply in configure-to-order systems. Using stochastic programming methods, this study demonstrates the value of accounting for the uncertainty associated with how orders are configured. We also demonstrate the value of component supply...
We consider the reorder point, order quantity inventory model where the demand, D, and the lead time, L, are independently and identically distributed (iid) random variables. This model is analytically intractable because of order crossover. However, we show how to resolve the intractability by...