We consider a manufacturing plant that purchases raw materials for product assembly and then sells the final products to customers. There are M types of raw materials and K types o...
We consider an inventory distribution system consisting of one warehouse and multiple retailers. The retailers face random demand and are supplied by the warehouse. The warehouse ...
This paper provides guidance for operating an assemble-to-order system to maximize expected discounted profit, assuming that a high volume of prospective customers arrive per unit...
—A material handling (MH) system of a general assembly line dispatching parts from inventory to working buffers could be complicated and costly to operate. Generally it is extrem...
The use of System Dynamics Modeling in Supply Chain Management has only recently re-emerged after a lengthy slack period. Current research on System Dynamics Modelling in supply c...