today, stock investment has become an important mean of national finance. apparently, it is significant for investors to estimate the stock price and select the trading chance accurately in advance, which will bring high return to stockholders. in the past, long-term trading processes and many technical analysis methods for stock market were put forward. however, stock market is a nonlinear sys...

We consider a single-item make-to-stock production system. The item is demanded by several classes of customers with different backorder costs. The item can also satisfy demands from a salvage market without a backorder cost. Item processing times have an Erlang distribution. This allows us to model the information on the production status in a tractable way. We fully characterize the optimal s...

Francis de Véricourt • Fikri Karaesmen • Yves Dallery Fuqua School of Business, Duke University, Durham, North Carolina 27708 Laboratoire Productique Logistique, École Centrale Paris, Grande Voie des Vignes, 92295 Chatenay-Malabry Cedex, France Laboratoire Productique Logistique, École Centrale Paris, Grande Voie des Vignes, 92295 Chatenay-Malabry Cedex, France [email protected] • [email protected]...

Today’s company competiveness is favoured by product customisation and fast delivery. A strategy to meet this challenge is to manufacture standard items to stock for product customisation. This configures a hybrid environment of make-to-stock and make-to-order. To explore the advantages of this requires good understanding of production control. Thus, we study production under hybrid MTS-MTO, or...

Stochastic Economic Lot Scheduling Problems (ELSPs) involve settings where several items need to be produced in a common facility with limited capacity, under significant uncertainty regarding demands, unit production times, setup times, or combinations thereof. We consider systems where some products are made-to-stock while another product line is made-to-order. We present a rich and effective...

We consider a realistic model of a multiclass make-to-stock manufacturing system. External demand for each product class is met from the available nished goods inventory; unsatis ed demand is backlogged. The objective is to devise a production policy that minimizes inventory costs subject to guaranteeing stockout probabilities to stay bounded above by given constants j , for each product class ...

Motivated by recent electronic marketplaces, we consider a single-product make-to-stock manufacturing system that uses two alternative selling channels: long-term contracts and a spot market of electronic orders. At time 0, the risk-averse manufacturer selects the long-term contract price, at which point buyers choose one of the two channels. The resulting long-term contract demand is a determi...

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