Stochastic versus Deterministic Approach to Coordinated Supply Chain Scheduling

Deterministic Versus Stochastic Explanations

Oxygen isotope data for a Pliocene interval from 3.6 to 2.8 million years ago show a mean increase (0.5 per mil) of benthic 6180 at about 3.2 million years ago, whereas planktic 6180 does not increase. This lack of covariance indicates that the event at 3.2 million years did not result in a permanent increase in the ice budget of either the Northern or the Southern Hemisphere. The history of co...

Stochastic versus Deterministic Approaches

OKP Supply Chain Scheduling

In one-of-a-kind production (OKP), a firm usually keeps zero stock for some components of which the demand is unstable. In this work, we model the scheduling problem for the OKP firm who promises due-date-guaranteed delivery to its customers. The firm schedules its jobs to minimize its total cost concerning the constraint of components delivery from its supplier. We develop a pair-wise scheduli...

Optimal Capacity in a Coordinated Supply Chain

We consider a supply chain in which a retailer faces a stochastic demand, incurs backorder and inventory holding costs and uses a periodic review system to place orders from amanufacturer. The manufacturer must fill the entire order. The manufacturer incurs costs of overtime and undertime if the order deviates from the planned production capacity.We determine the optimal capacity for the manufa...

Outlining a Future of Supply Chain Management - Coordinated Supply Networks

This thesis explores the use of different approaches and structures to facilitate coordinating a set of strategic business partners across multiple tiers of a single supply chain defined as the supply network. The study is based on a deductive model of three dimensions of coordination, corresponding to the information, material, and financial dependencies between organizations in a supply netwo...