Resource allocation with lumpy demand: To speed or not to speed?

Naval Research Logistics

Volumn 51, Issue 3, 2004, Pages 363-385

  Chen, Bintong ^a   Munson, Charles L ^a  

^a WASHINGTON STATE UNIVERSITY   (United States)

Author keywords

Inventory; Knapsack problems; Production rate; Quantity discounts

Indexed keywords

COSTS; ECONOMICS; HEURISTIC PROGRAMMING; INTEGER PROGRAMMING; INVENTORY CONTROL; INVESTMENTS; JUST IN TIME PRODUCTION; NONLINEAR PROGRAMMING; PRODUCTION;

KNAPSACK PROBLEMS; MIXED INTEGER PROGRAM; PRODUCTION RATE; QUANTITY DISCOUNTS;

RESOURCE ALLOCATION;

EID: 1842507038     PISSN: 0894069X     EISSN: None     Source Type: Journal    
DOI: 10.1002/nav.10121     Document Type: Article

References (40)

1. R. Anupindi, S. Chopra, S.D. Deshmukh, J.A. Van Mieghem, and E. Zemel, Managing business process flows, 1st edition, Prentice Hall, Upper Saddle River, NJ, 1999.
2. R.D. Armstrong, W.D. Cook, and F.E. Palacios-Gomez, An algorithm for a nonlinear discontinuous knapsack problem. Management Sci 25(9) (1979), 884-894.
3. G.R. Bitran and A.C. Hax, Disaggregation and resource allocation using convex knapsack problems with bounded variables, Management Sci 27(4) (1981), 431-441.
4. K.M. Bretthauer and M.J. Côté, Nonlinear programming for multiperiod capacity planning in a manufacturing system, European J Oper Res 96 (1996), 167-179.
5. A.K. Chakravarty and A. Shtuh, The effect of learning on the operation of mixed-model assembly lines, Proc. Oper Management 1(2) (1992), 198-211.
6. S. Chopra and P. Meindl, Supply chain management: Strategy, planning, and operation, Prentice Hall, Upper Saddle River, NJ, 2004.
7. G.A. DeCroix and A. Arreola-Risa, Optimal production and inventory policy for multiple products under resource constraints, Management Sci 44(7) (1998), 950-961.
8. R. Evans, Inventory control of a multiproduct system with a limited production resource, Naval Res Logist Quart 14 (1967), 173-184.
9. A. Fiegenbaum and A. Karnani, Output flexibility - a competitive advantage for small firms, Strategic Manageemnt J 12 (1991), 101-114.
10. B.J. Finch, OperationsNow.com: Processes, value, and profitability, McGraw-Hill. Irwin, Boston, 2003.
11. G. Gallego, Reduced production rates in the economic lot scheduling problem. Int J Prod Res 31(5) (1993), 1035-1046.
12. P. Glasserman, Allocating production capacity among multiple products, Oper Res 44 (1996) 724-734.
13. E.M. Goldratt and J. Cox, The goal: A process of ongoing improvement, 2nd revised edition, North River Press, Great Barrington, MA, 1992.
14. S.K. Goyal and Y.P. Gupta, Integrated inventory models: The buyer-vendor coordination, European J Oper Res 41(3) (1989), 261-269.
15. A.C. Hax and D. Candea, Production and inventory management, Prentice Hall, Englewood Cliffs, NJ, 1984.
16. A.V. Hill and I.S. Khosla, Models for optimal lead time reduction, Prod Oper Management 1(2) (1992), 185-197.
17. T. Ibaraki and N. Katoh, Resource allocation problems: Algorithmic approaches, MIT Press, Cambridge, MA, 1988.
18. P.N. Joglekar, Comments on "A quantity discount pricing model to increase vendor profits," Management Sci 34 (1988), 1391-1398.
19. P.C. Jones, L.N. Moses, and J.L. Zydiak, Inventory investment, product cycles, and the imperfectly competitive firm, Int J Prod Econom 54(3) (1998), 267-276.
20. N. Katoh and T. Ibaraki, "Resource allocation problems," Handbook of combinatorial optimization, D.-Z. Du and P.M. Pardolos (Editors), Kluwer Academic Publishers, Dordrecht, The Netherlands, 1998, Vol. 2, pp. 159-260.
21. M. Khouja, The economic lot and delivery scheduling problem: Common cycle, rework, and variable production rate, IIE Trans 32 (2000), 715-725.
22. M. Khouja, A note on "Deliberately slowing down output in a family production context," Int J Prod Res 37 (1999), 4067-4077.
23. M. Khouja, The scheduling of economic lot sizes on volume flexible production systems, Int J Prod Econom 48 (1997), 73-86.
24. M. Khouja, A supply chain inventory model with rework cost and variable unit production times, Management Sci Regional Dev 1(2) (1996), 3-21.
25. M. Khouja, The economic production lot size model under volume flexibility, Comput Oper Res 22(5) (1995), 515-523.
26. M. Khouja and A. Mehrez, An economic production lot size model with imperfect quality and variable production rate, J Oper Res Soc 45(12) (1994), 1405-1417.
27. H.L. Lee and M.J. Rosenblatt, A generalized quantity discount pricing model to increase supplier's profits, Management Sci 32(9) (1986), 1177-1185.
28. C.-L. Li, S.J. Erlebacher, and D.H. Kropp, Investment in setup cost, lead time, and demand predictability improvement in the EOQ model, Proc. Oper Management 6(4) (1997), 341-352.
29. H. Luss and S.K. Gupta, Allocation of effort resources among competiting activities, Oper Res 23 (1975), 360-366.
30. K.M. Mjelde, Methods of allocation of limited resources, Wiley, New York, 1983.
31. J.P. Monahan, A quantity discount pricing model to increase vendor profits, Management Sci 30(6) (1984), 720-726.
32. I. Moon, G. Gallego, and D. Simchi-Levi, Controllable production rates in family production context, Int J Prod Res 29 (1991), 2459-2470.
33. C.L. Munson and M.J. Rosenblatt, Coordinating a three-level supply chain with quantity discounts, IEEE Trans 33(5) (2001), 371-384.
34. C.L. Munson and M.J. Rosenblatt, Theories and realities of quantity discounts: An exploratory study, Prod Oper Management 7(4) (1998), 352-369.
35. E.L. Porteus, Investing in reduced setups in the EOQ model, Management Sci 31(8) (1985), 998-1010.
36. P.J. Schweitzer and A. Seidmann, Optimizing processing rates for flexible manufacturing systems, Management Sci 37(4) (1991), 454-466.
37. E.A. Silver, Deliberately slowing down output in a family production context, Int J Prod Res 28(1) (1990), 17-27.
38. C.R. Sox and J.A. Muchstadt, Multi-item, multi-period production planning with uncertain demand, IIE Trans 28 (1996), 891-900.
39. G.F. Tannous, Capital budgeting for volume flexible equipment, Decis Sci 27(2) (1996), 157-184.
40. H. Tsubone and M. Horikawa, Impact of various flexibility types in a hybrid fabrication/assembly production system, Int J Prod Econom 60-61 (1999), 117-123.