I n this article, we study the newsvendor problem with endogenous setting of price and quoted lead-time. This problem can be observed in situations where a firm orders semi-finished product prior to the selling season and customizes the product in response to customer orders during the selling season. The total demand during the selling season and the lead-time required for customization are un...

We consider supply chain networks composed of several centrally managed production facilities as well as external suppliers. We design effective heuristics for inventory positioning, order sequencing, and short and reliable due-date quotation for this supply chain. We perform extensive computational testing to assess the effectiveness of our algorithms, and we explore the impact of supply chain...

Pinar Keskinocak • R. Ravi • Sridhar Tayur School of Industrial and Systems Engineering, Georgia Institute of Technology, Atlanta, Georgia 30332-0205 Graduate School of Industrial Administration, Carnegie Mellon University, Pittsburgh, Pennsylvania 15213 Graduate School of Industrial Administration, Carnegie Mellon University, Pittsburgh, Pennsylvania 15213 [email protected] • [email protected] ...

• We propose principles of fairness for pricing goods replenished regularly. design four policies operating according to these fairness. show dynamic be more profitable than static policies. A policy quoting lead times appears as the most profitable. Fair do not reduce profitability significantly. In this paper, we serve price and lead-time sensitive customers with a single type product produce...

In this paper, a simultaneous lead time quotation and lot sizing problem in an assembly system is investigated. We address a production system with a product that has deterministic demand over a T-period planning horizon and is produced in lots because of the economy of scale. If a lot is completed before the demand period, inventory carrying cost is incurred. On shortages, a lead time is quote...

This paper considers the problem of determining the lead-time and price to be quoted to a single order in a make-to-order manufacturing setting. The manufacturing system consists of several processing centers all subject to random failures and repairs. Because of a time window constraint on the delivery of the order, the latter has to be split among several processing centers to meet the constr...