Process flexibility in supply chains

Management Science

Volumn 49, Issue 7, 2003, Pages 907-919

  Graves, Stephen C ^a   Tomlin, Brian T ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b UNIVERSITY OF NORTH CAROLINA   (United States)

Author keywords

Capacity; Flexibility; Product Allocation; Supply Chain

Indexed keywords

COST EFFECTIVENESS; INVESTMENTS; PROCESS CONTROL;

SUPPLY CHAINS;

PLANT MANAGEMENT;

EID: 0042266799     PISSN: 00251909     EISSN: None     Source Type: Journal    
DOI: 10.1287/mnsc.49.7.907.16381     Document Type: Article

References (15)

1. Birge, J. R., F. Louveaux. 1997. Introduction to Stochastic Programming. Springer, New York.
2. Eppen, G. D., R. K. Martin, L. Schrage. 1989. A scenario spproach to capacity planning. Oper. Res. 37(4) 517-527.
3. Fine, C. H., R. M. Freund. 1990. Optimal investment in product flexible manufacturing capacity. Management Sci. 36(4) 449-466.
4. Gavish, R. 1994. Flexibility in multi-product multi-assembly multi-component systems. Masters thesis, MIT, Cambridge, MA.
5. Gupta D., Y. Gerchak, J. A. Buzacott. 1992. The optimal mix of flexible and dedicated manufacturing capacities: Hedging against demand uncertainty. Internat. J. Prod. Econom. 28 309-319.
6. Harrison, J. M., J. A. Van Mieghem. 1999. Multi-resource investment strategies: Operational hedging under demand uncertainty. Eur. J. Oper. Res. 113 17-29.
7. Hopp, W. J., M. L. Spearman. 1996. Factory Physics: Foundations of Manufacturing Management. Irwin, Chicago, IL.
8. Jordan, W. C., S. C. Graves. 1995. Principles on the benefits of manufacturing process flexibility. Management Sci. 41(4) 577-594.
9. Kidd, S. L. 1998. A systematic method for valuing a product platform strategy. Thesis, Leaders for Manufacturing Program, MIT, Cambridge, MA.
10. Law, A. M., W. D. Kelton. 1991. Simulation Modeling and Analysis. McGraw-Hill, New York.
11. Li, S., D. Tirupati. 1994. Dynamic capacity expansion problem with multiple products: technology selection and timing of capacity additions. Oper. Res. 42(5) 958-976.
12. _, _. 1995. Technology choice with stochastic demands and dynamic capacity allocation: A two product analysis. J. Oper. Management 12 239-258.
13. _, _. 1997. Impact of product mix flexibility and allocation policies on technology. Comput. Oper. Res. 24(7) 611-626.
14. Tomlin, B. 2000. Supply chain design: Capacity, flexibility and wholesale price strategies. Ph. D. thesis, Sloan School of Management, MIT, Cambridge, MA.
15. Van Mieghem, J. A. 1998. Investment strategies for flexible resources. Management Sci. 44(8) 1071-1078.