Open Access
DYNAMIC VERSION OF THE ECONOMIC LOT SIZE MODEL*t
Harvey M. Wagner,T. M. Whitin +1 more
TLDR
In this paper, a forward algorithm for a solution to the following dynamic version of the economic lot size model is given: allowing the possibility of demands for a single item,,inventory holding charges, anid setup costs to vary over N periods, we desire a minimum total cost inventory management scheme which satisfies known demand in every period.Abstract:
A forward algorithm for a solution to the following dynamic version of the economic lot size model is given: allowing the possibility of demands for a single item,,inventory holding charges, anid setup costs to vary over N periods, we desire a minimum total cost inventory management scheme which satisfies known demand in every period. Disjoint planning horizons are shown to be possible which eliminate the necessity of having data for the full N periods.read more
Citations
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Flow Coordination and Information Sharing in Supply Chains: Review, Implications, and Directions for Future Research
Funda Sahin,E. Powell Robinson +1 more
TL;DR: This research attempts to help fill gaps in the current body of knowledge in the value of information sharing and physical flow coordination in the e-business arena by surveying prior research in the area, categorized in terms of information shares and flow coordination.
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Supply chain collaboration: making sense of the strategy continuum
TL;DR: In this paper, the authors classify collaboration initiatives using a conceptual water-tank analogy, and discuss their dynamic behavior and key characteristics, concluding that the effectiveness of supply chain collaboration relies upon two factors: the level to which it integrates internal and external operations, and the efforts are aligned to the supply chain settings in terms of the geographical dispersion, the demand pattern, and product characteristics.
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The capacitated lot sizing problem: a review of models and algorithms
TL;DR: In this article, the authors consider single-level lot sizing problems, their variants and solution approaches, together with exact and heuristic approaches for their solution, and conclude with some suggestions for future research.
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Coordination mechanisms of supply chain systems
Xiuhui Li,Qinan Wang +1 more
TL;DR: This paper provides a review of coordination mechanisms of supply chain systems in a framework that is based on supply chain decision structure and nature of demand, and highlights the behavioral aspects and information need in the coordination of a supply chain.
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The evolution of the intellectual structure of operations management—1980–2006: A citation/co-citation analysis
Alan Pilkington,Jack R. Meredith +1 more
TL;DR: In this article, a bibliometric citation/co-citation analysis to investigate the foundations of the discipline enables a robust, quantitative approach to uncovering the evolution of research in OM.
References
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Book
Dynamic Programming
TL;DR: The more the authors study the information processing aspects of the mind, the more perplexed and impressed they become, and it will be a very long time before they understand these processes sufficiently to reproduce them.
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Production Planning Over Time and the Nature of the Expectation and Planning Horizon
Franco Modigliani,Franz E. Hohn +1 more