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The project provided Platt Electric, the largest private wholesale electric supply distributor in the western United States, with different options for the expansion of their business and the addition of 110 branches. Using demand forecasting and robust optimization modeling, the team...
Persistent link: https://www.econbiz.de/10009475805
In todays highly competitive market, firms have to focus on their core competencies to achieve success. While enjoying the benefits of building a highly integrated supply chain, firms also expose themselves to uncertain events, which are generally called as risks. Considering the importance of...
Persistent link: https://www.econbiz.de/10009449910
A common challenge facing all businesses today is the increasingly uncertain environments in which they operate. These uncertainties have been magnified in the context of global supply chains. Most of the Operations Research literature ignores an important component of the system, the Decision...
Persistent link: https://www.econbiz.de/10009449919
In this research, effective inventory models are developed to manage single-product supply chain systems in which there are two capacitated suppliers with certain attributes. These models consider an infinite time horizon with independent and identically distributed demand in each period. The...
Persistent link: https://www.econbiz.de/10009449939
Maximizing airline profit is challenging as several costs, such as fuel or manpower, have been increasing. Fierce competition has forced airlines to drastically reconsider their economic policy. Traditionally, revenue management techniques such as overbooking or dynamic pricing have been...
Persistent link: https://www.econbiz.de/10009449964
This thesis deals with developing and solving tactical inventory planning models for a supply chain that will enable the individual companies to determine their ordering policies efficiently under different conditions. The supply chain is modeled as a single warehouse supplying a product to...
Persistent link: https://www.econbiz.de/10009449975
Data Envelopment Analysis is a methodology which is used to determine relative efficiencies between decision making units (DMU). It can be used in various industries such as hospitals, banks and schools to name a few. The objective of this thesis is to provide a comparative analysis of different...
Persistent link: https://www.econbiz.de/10009449997
The retail food industry has sales of over a trillion dollars. Most of these products are perishable in nature. This thesis deals with the development of multi period ordering policies for the perishable products with fixed shelf lives and finite replenishment lead times.In this thesis, simple...
Persistent link: https://www.econbiz.de/10009450013
In any large organization, millions of dollars are spent on purchasing. Raw material cost accounts for 40-60% of production costs for most US manufacturers. In fact, for the automotive industry, the cost of components and parts from outside suppliers may exceed 50% of sales. It is vital to the...
Persistent link: https://www.econbiz.de/10009450025
The goal of product design is to obtain maximum functionality and aesthetic beauty at a minimum cost. Additionally consumers are attracted to designs that reflect their use, behaviors, and psychological responses more so than designs which simply alter the visual appearance of a product. When...
Persistent link: https://www.econbiz.de/10009450050