This paper presents a stochastic optimization model and efficient decomposition algorithm for multi-site capacity planning under the uncertainty of the TFT-LCD industry. The objective of the stochastic capacity planning is to determine a robust capacity allocation and expansion policy hedged against demand uncertainties because the demand forecasts faced by TFT-LCD manufacturers are usually ina...

Background We sought to develop an objective implant selection guideline based on the ratio of patient body mass index (BMI) to age in order to select implants preoperatively and reduce cost while maintaining quality. The BMI-to-age ratio can be used to distinguish patient demand and select those patients who may benefit from newer technology and higher cost implants and those who would do well...

dam reservoirs supply potable, agricultural, and industrial water in most cities of iran. due to lack of proper operational rules or unbalanced demand versus water resources volume, (along operating time) correction in operational rules is required to fulfill current situations. hence the goal of this study is to optimize the qeshlaq dam reservoir operation rules to maximize the water release f...

Demand shifting is a popular strategy among service providers for managing demand. The strategy tries to shift demand from peak time periods, where capacity constraints are binding, to offpeak time periods when we have excess capacity. Examples include cities shifting rush hour traffic by having employers staggering work hours; electrical utilities giving their customers timers to shift the sta...

This paper investigates the effect of capacity constraints on the sustainability of collusion in markets subject to cyclical demand fluctuations. In the absence of capacity constraints (i.e. a limiting case of our model), Haltiwanger and Harrington (1991) show that firms find it more difficult to collude during periods of decreasing demand. We find that this prediction can be overturned if firm...

Demand fluctuations that cause variations in output levels will affect a firm’s technical inefficiency. To assess this demand effect, a demand-truncated production function is developed and an “effectiveness” measure is proposed. Often a firm can adjust some input resources influencing the output level in an attempt to match demand. We proposes a short-run capacity planning method, termed proac...