Name
Abstract | ||
|---|---|---|
This paper considers single-stage make-to-order production systems. We focus on (1) modeling the appropriate expected costs under a variety of modeling assumptions and (2) characterizing the optimal policies. Our approach to solving the problem is to derive the distribution of actual completion times of the process for individual orders and to compare it to the corresponding quoted due dates in order to obtain the expected total costs. We then show the convexity of the objective cost function for determining the decision variable(s), the planned customer order leadtime. |
Year | DOI | Venue |
|---|---|---|
2007 | 10.1016/j.mcm.2005.07.008 | Mathematical and Computer Modelling |
Keywords | Field | DocType |
expected total cost,due date,holding cost,delivery performance,supply chain management,mto system,decision variable,individual order,order leadtime,optimal policy,single-stage make-to-order production system,single stage,appropriate expected cost,planned customer order leadtime,actual completion time,objective cost function,make to order,cost function,production system | Decision variables,Mathematical optimization,Convexity,Delivery Performance,Holding cost,Operations research,Supply chain management,Total cost,Mathematics | Journal |
Volume | Issue | ISSN |
45 | 1-2 | Mathematical and Computer Modelling |
Citations | PageRank | References |
11 | 1.61 | 1 |
Authors | ||
4 | ||
Name | Order | Citations | PageRank |
|---|---|---|---|
| Joongkyu Choi | 1 | 11 | 1.61 |
| Sherman X. Bai | 2 | 26 | 5.19 |
| Joseph Geunes | 3 | 308 | 28.72 |
| H. Edwin Romeijn | 4 | 769 | 83.88 |