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Dynamic resource allocation in a multi-product make-to-stock production system

โœ Scribed by D. J. Hodge; K. D. Glazebrook


Publisher
Springer US
Year
2011
Tongue
English
Weight
1015 KB
Volume
67
Category
Article
ISSN
0257-0130

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โœ Mark S. Hillier ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 121 KB

It is well known that replacing several products by a single common product can reduce required safety stock levels due to the benefits of risk pooling. Recent research utilizing single-period models has investigated the cost savings (or losses) from doing so. This paper uses a very general multiple