Journal•ISSN: 1750-9653
international journal of management science and engineering management
Taylor & Francis
About: international journal of management science and engineering management is an academic journal published by Taylor & Francis. The journal publishes majorly in the area(s): Supply chain & Fuzzy logic. It has an ISSN identifier of 1750-9653. Over the lifetime, 559 publications have been published receiving 6651 citations.
Topics: Supply chain, Fuzzy logic, Computer science, Supply chain management, Economic order quantity
Papers published on a yearly basis
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TL;DR: A useful definition of ‘big data’ is data that is too big to process comfortably on a single machine, either because of processor, memory, or disk bottlenecks, so there is a need for algorithms that perform distributed approximate Bayesian analyses with minimal communication.
Abstract: A useful definition of ‘big data’ is data that is too big to process comfortably on a single machine, either because of processor, memory, or disk bottlenecks. Graphics processing units can allevia...
418 citations
TL;DR: The concept of lean manufacturing is to provide a quality product while also ensuring that the product does not cost too much to the customer as discussed by the authors, which is a widely discussed and applied manufacturing philosophy.
Abstract: Objective: The objective of this article is to understand the concept of lean manufacturing, its philosophy, various tools and techniques, lean implementation benefits and barrier towards lean implementation. Main concepts: Lean manufacturing by now is a widely discussed and applied manufacturing philosophy, in a variety of industries across the globe. The fundamental concept of lean manufacturing is to provide a quality product while also ensuring that the product does not cost too much to the customer. Most organizations today are going through a stage where there is a necessity to respond the rapidly changing customer needs. To sustain their place in the market, many organizations have started following the lean manufacturing concept. Methodology of the research: This article presents a review of the literature and attempts to identify the important and useful contributions to this subject. Results: Lean manufacturing utilizes a wide range of tools and techniques; the choice of tools is situation speci...
141 citations
TL;DR: In this paper, a multi-objective mixed-integer linear programming model that is solved by goal programming is proposed to evaluate the trade-offs between total logistics costs and carbon offsetting under different supply chain operating strategies, environmental regulatory constraints and carbon market evolution.
Abstract: Sustainable Supply Chain Network Design involves taking into account social, economic and environmental objectives at design time. While the social dimension is sometime harder to capture or quantify in mathematical terms, the Emission Trading Schema (ETS) introduces a natural trade-off between the economic and the environmental dimensions. This article addresses the design of supply chains that are also sensitive to the carbon market. Carbon emissions and total logistics costs are integrated in the design of the supply chain using a multi-objective mixed-integer linear programming model that is solved by goal programming. The proposed methodology provides decision makers with the ability to evaluate the trade-offs between total logistics costs and carbon offsetting under different supply chain operating strategies, environmental regulatory constraints and carbon market evolution. The approach is presented through an illustrative example derived from the steel industry where new legislation impos...
119 citations
TL;DR: In the context of outsourcing, the competitive market is forcing big organizations to utilize the untapped potential of Medium Size Manufacturing Enterprises (MSMEs) as discussed by the authors, which are the important links in the process of outsourcing.
Abstract: Competitive market is forcing big organizations to utilize the untapped potential of Medium Size Manufacturing Enterprises (MSME). In the era of outsourcing, MSMEs are the important links in the su...
109 citations
TL;DR: In this paper, the authors consider the news vendor problem with pricing and its extensions and identify a class of demand functions which can result in well behaved profit functions, and derive the combined pricing and inventory solutions.
Abstract: The newsvendor problem with pricing decision provides an important vehicle for examining how operational problems interacts with marketing issues to influence decision-making at the firm level. This paper considers the newsvendor problem with pricing and its extensions. We try to answer two questions: (1) how to model the price-dependent stochastic demand and (2) how to derive the combined pricing and inventory solutions. We identify a class of demand functions which can result in well behaved profit functions. A demand function can be divided into two parts: the mean demand and random demand. If the part of mean demand has increasing price elasticity (IPE) and the part of random demand has generalized strict increasing failure rate (GSIFR), then the expected profit of the newsvendor is unimodal or quasi-concave. This appears generalizing the existent models in the literature.
106 citations