Download or read book Deterministic and Stochastic Profit Maximization Versions of the Economic Lot Scheduling Problem with Pricing Considerations written by Luciano Salvietti Cignetti and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Deterministic and Stochastic Approaches to the Single machine Multi product Lot Scheduling Problem written by Neji Hajji and published by . This book was released on 1986 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Stochastic Economic Lot Scheduling Problem written by E. M. M. Winands and published by . This book was released on 2005 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Stochastic Economic Lot Scheduling Problem written by Martin Reiman and published by Palala Press. This book was released on 2015-09-07 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book The Stochastic Economic Lot Scheduling Problem written by David Maxwell Markowitz and published by . This book was released on 2015-08-05 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Stochastic Economic Lot Scheduling Problem: Heavy Traffic Analysis of Dynamic Cyclic Policies We consider two queueing control problems that are stochastic versions of the economic lot scheduling problem: a single server processes N customer classes, and completed units enter a finished goods inventory that services exogenous customer demand. Unsatisfied demand is backordered, and each class has its own general service time distribution, renewal demand process, and holding and backordering cost rates. In the first problem, a setup cost is incurred when the server switches class, and the objective is to minimize the long run expected average costs of holding and backordering inventory and incurring setups. The setup cost is replaced by a setup time in the second problem, where the objective is to minimize average holding and backordering costs. In both problems we restrict ourselves to a class of dynamic cyclic policies, where idle periods and lot sizes are state-dependent, but the N classes must be served in a fixed sequence. Under standard heavy traffic conditions, these scheduling problems are approximated by diffusion control problems. The approximating setup cost problem is solved exactly, and the optimal dynamic lot sizing policy is found in closed form. Structural results and an algorithmic procedure are derived for the setup time problem. A computational study is undertaken to compare the proposed policy and several straw policies to the numerically computed optimal policy. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book A Local Search Algorithm for the Optimization of the Stochastic Economic Lot Scheduling Problem written by Michael Wagner and published by . This book was released on 2002 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Some Issues in the Economic Lot Scheduling Problem written by Ilkyeong Moon and published by . This book was released on 1991 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Lot Scheduling with Stochastic Demands and Lost Sales written by Mark McKay and published by . This book was released on 1999 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Management Science written by and published by . This book was released on 1977 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes special issues: The Professional series in the management sciences.
Download or read book Innovative Process Optimization Methods in Logistics written by Thorsten Blecker and published by Erich Schmidt Verlag GmbH & Co KG. This book was released on 2010 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Single Period Inventory Control and Pricing written by Emel Arikan and published by Forschungsergebnisse der Wirtschaftsuniversität Wien. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.
Download or read book Lot Sizing and Scheduling for Flexible Flow Lines written by Daniel Quadt and published by Springer Science & Business Media. This book was released on 2012-09-14 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book considers the lot-sizing and scheduling problem for flexible flow line production facilities. Flexible flow lines are flow lines with parallel machines on some or all production stages. They can be found in a vast number of industries. A three-phased solution approach is presented that solves the integrated lot-sizing and scheduling problem in a hierarchical manner. The approach is able to handle several important features relevant in industrial practice, such as back-orders and setup carry-over. The developed solution procedures solve practically sized problems in a relatively short amount of time. One of the procedures is based on a novel mixed integer programming (MIP) model, which employs integer variables instead of binary variables. This makes it possible to find (near-)optimal solutions using standard algorithms such as CPLEX. Another procedure uses two nested Genetic Algorithms. An application of the framework in the semiconductor industry is given.
Download or read book Foundations of Stochastic Inventory Theory written by Evan L. Porteus and published by Stanford University Press. This book was released on 2002 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book has a dual purpose?serving as an advanced textbook designed to prepare doctoral students to do research on the mathematical foundations of inventory theory, and as a reference work for those already engaged in such research. All chapters conclude with exercises that either solidify or extend the concepts introduced.
Download or read book Applied Intertemporal Optimization written by Klaus Wälde and published by Klaus Wälde. This book was released on 2012 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Canadian Mining Journal written by and published by . This book was released on 1967-07 with total page 750 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Advances in Renewable Energies and Power Technologies written by Imene Yahyaoui and published by Elsevier. This book was released on 2018-02-23 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in Renewable Energies and Power Technologies Volume 2: Biomass, Fuel Cells, Geothermal Energies, and Smart Grids examines both the theoretical and practical elements of renewable energy sources, covering biomass, fuel cells, geothermal energy, RES, distributed energy, smart grids, and converter control. Dr. Yahyaoui and a team of expert contributors present the most up-to-date information and analysis on renewable energy generation technologies in this comprehensive resource. This volume covers the principles and methods of each technology, an analysis of their implementation, management and optimization, and related economic advantages and limitations, in addition to recent case studies and models of each technology. Advances in Renewable Energies and Power Technologies: Volume 2: Biomass, Fuel Cells, Geothermal Energies, and Smart Grids is a valuable resource for anyone working in renewable energy or wanting to learn more about theoretical and technological aspects of the most recent inventions and research in the field. - Offers a comprehensive guide to the most advanced contemporary renewable power generation technologies written by a team of top experts - Discusses power control and limitations of each technology - Includes global case studies and models to exemplify the technological possibilities and limitations of each power generation method
Download or read book An Evolutionary Theory of Economic Change written by Richard R. Nelson and published by Harvard University Press. This book was released on 1985-10-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
