We consider the vehicle routing problem with stochastic demands (VRPSD), a variant of well-known VRP in which are only revealed upon arrival at each customer. Motivated by significant recent progress on VRPSD research, we begin this paper summarizing key new results and methods for solving problem. In doing so, discuss main challenges associated under chance-constraint restocking-based perspect...

In this paper we consider the strategy of stochastic bundling, which we define as a selling strategy in which firms guarantee a consumer will receive a good, but do not guarantee which one it will be. First we derive a new condition that ensures the optimality of stochastic bundling when there is no secondary market. Then we graphically consider the conditions under which stochastic bundling ma...

In today’s competitive market, those producers who can quickly adapt themselves todiverse demands of customers are successful. Therefore, in order to satisfy these demands of market, Mixed-model assembly line (MMAL) has an increasing growth in industry. A mixed-model assembly line (MMAL) is a type of production line in which varieties of products with common base characteristics are assembled o...

In this paper, a novel quadratic assignment-based mathematical model is developed for concurrent design of robust inter and intra-cell layouts in dynamic stochastic environments of manufacturing systems. In the proposed model, in addition to considering time value of money, the product demands are presumed to be dependent normally distributed random variables with known expectation, variance, a...