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AUTOMATICA
2006
152views more  AUTOMATICA 2006»
13 years 4 months ago
Simulation-based optimization of process control policies for inventory management in supply chains
A simulation-based optimization framework involving simultaneous perturbation stochastic approximation (SPSA) is presented as a means for optimally specifying parameters of intern...
Jay D. Schwartz, Wenlin Wang, Daniel E. Rivera
WSC
2004
13 years 6 months ago
Supply Chain Management Tradeoffs Analysis
Supply chain management involves understanding complex interactions between many factors and using the understanding to achieve balance between conflicting objectives. Simulation ...
Sanjay Jain
WSC
2008
13 years 7 months ago
Supply chain risks analysis by using jump-diffusion model
This paper investigates the effects of demand risk on the performance of supply chain in continuous time setting. The inventory level has been modeled as a jump-diffusion process ...
Xianzhe Chen, Jun Zhang
MSOM
2010
106views more  MSOM 2010»
13 years 3 months ago
Implementing Supply-Routing Optimization in a Make-to-Order Manufacturing Network
Dell’s supply chain for desktops involves Asian vendors shipping components by sea to several U.S. plants. While suppliers are responsible for shipping enough inventory, Dell ca...
John Foreman, Jérémie Gallien, Julie...
TSMC
2008
158views more  TSMC 2008»
13 years 4 months ago
Decentralized Inventory Control for Large-Scale Reverse Supply Chains: A Computationally Tractable Approach
In this paper, we consider a new inventory control technique for large-scale supply chains including repairs. The part flow is bidirectional with broken parts propagated upstream f...
Prashanth Krishnamurthy, Farshad Khorrami, David A...