Publication:
Production and subcontracting strategies for manufacturers with limited capacity and volatile demand

Simple item page
dc.contributor.coauthorGershwin, Stanley B.
dc.contributor.departmentDepartment of Business Administration
dc.contributor.kuauthorTan, Barış
dc.contributor.schoolcollegeinstituteCollege of Administrative Sciences and Economics
dc.date.accessioned2024-11-09T11:44:56Z
dc.date.issued2004
dc.description.abstractWe study a manufacturing firm that builds a product to stock to meet a random demand. If there is a positive surplus of finished goods, customers make their purchases without delay and leave. If there is a backlog, the customers are sensitive to the quoted lead time and some choose not to order if they feel that the lead time is excessive. A set of subcontractors, who have different costs and capacities, are available to supplement the firm's production capacity. We derive a feedback policy that determines the production rate and the rate at which the subcontractors are requested to deliver products. The performance of the system, when it is managed according to this policy, is evaluated.
dc.description.fulltextYES
dc.description.indexedbyWOS
dc.description.indexedbyScopus
dc.description.issue1--4
dc.description.openaccessYES
dc.description.publisherscopeInternational
dc.description.sponsoredbyTubitakEuTÜBİTAK
dc.description.sponsorshipScientific and Technological Research Council of Turkey (TÜBİTAK) – NATO Science Fellowship program
dc.description.sponsorshipNational Science Foundation
dc.description.sponsorshipThe Lean Aircraft Initiative
dc.description.sponsorshipthe Xerox Foundation
dc.description.versionAuthor's final manuscript
dc.description.volume125
dc.identifier.doi10.1023/B:ANOR.0000011192.23903.7f
dc.identifier.eissn1572-9338
dc.identifier.embargoNO
dc.identifier.filenameinventorynoIR01102
dc.identifier.issn0254-5330
dc.identifier.quartileQ1
dc.identifier.scopus2-s2.0-3242663060
dc.identifier.urihttps://hdl.handle.net/20.500.14288/443
dc.identifier.wos187919300010
dc.keywordsSubcontracting
dc.keywordsOptimal flow control
dc.keywordsHedging policy
dc.keywordsProduction systems
dc.language.isoeng
dc.publisherSpringer
dc.relation.grantnoDMI-9713500
dc.relation.ispartofAnnals of Operations Research
dc.relation.urihttp://cdm21054.contentdm.oclc.org/cdm/ref/collection/IR/id/1892
dc.subjectOperations research and management science
dc.titleProduction and subcontracting strategies for manufacturers with limited capacity and volatile demand
dc.typeJournal Article
dspace.entity.typePublication
local.contributor.kuauthorTan, Barış
local.publication.orgunit1College of Administrative Sciences and Economics
local.publication.orgunit2Department of Business Administration
relation.isOrgUnitOfPublicationca286af4-45fd-463c-a264-5b47d5caf520
relation.isOrgUnitOfPublication.latestForDiscoveryca286af4-45fd-463c-a264-5b47d5caf520
relation.isParentOrgUnitOfPublication972aa199-81e2-499f-908e-6fa3deca434a
relation.isParentOrgUnitOfPublication.latestForDiscovery972aa199-81e2-499f-908e-6fa3deca434a

Files

Original bundle

Now showing 1 - 1 of 1
Thumbnail Image
Name:
1892.pdf
Size:
233.17 KB
Format:
Adobe Portable Document Format
Download

Collections

Publications with Fulltext