Random yield and random demand in a production system with downward substitution

DOI10.1287/OPRE.47.2.277zbMATH Open0979.90011OpenAlexW2139461455MaRDI QIDQ2770109FDOQ2770109

Authors: Arthur Hsu, Yehuda Bassok 

Publication date: 7 February 2002

Published in: Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1287/opre.47.2.277

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zbMATH Keywords

greedy algorithmsingle-periodtwo-stage stochastic programmultiproductdownward substitution modelmultiproduct inventory problemparameterized network flow problem

Mathematics Subject Classification ID

Programming involving graphs or networks (90C35) Applications of stochastic analysis (to PDEs, etc.) (60H30) Inventory, storage, reservoirs (90B05) Production models (90B30)

Cited In (42)

• Random yield and uncertain demand in decentralised supply chains under the traditional and VMI arrangements
• Polyhedral analysis for the two-item uncapacitated lot-sizing problem with one-way substitution
• A stochastic dynamic programming approach-based yield management with substitution and uncertainty in semiconductor manufacturing
• Inventory decisions for a finite horizon problem with product substitution options and time varying demand
• Production/inventory competition between firms with fixed-proportions co-production systems
• Converting retail food waste into by-product
• Robust production and transportation planning in thin film transistor-liquid crystal display (TFT-LCD) industry under demand and price uncertainties
• Monitoring and limiting deceptive counterfeiting: a two-stage model
• Disposal versus rework -- inventory control in a production system with random yield
• Modified base-stock policies for semiconductor production system with dependent yield rates
• Implications of coproduction technology on waste management: who can benefit from the coproduct made of leftover materials?
• On solving convex optimization problems with linear ascending constraints
• Inventory decisions in a product-updated system with component substitution and product substitution
• Sourcing with random yields and stochastic demand: a newsvendor approach
• Technical note -- A Monge sequence-based approach to characterize the competitive newsvendor problem
• The impact of demand uncertainty on product line design under endogenous substitution
• A classification of the literature on the planning of substitutable products
• Stochastic Dual Dynamic Programming for Multiechelon Lot Sizing with Component Substitution
• Supply chain coordination with uncertainty in two-echelon yields
• Managing individual customer service constraints under stochastic demand
• The effect of remanufacturing on procurement decisions for resellers in secondary markets
• \(M^\natural\)-convexity and its applications in operations
• A general framework for cooperation under uncertainty
• Allocation under a general substitution structure
• Evaluation of inventory policies with unidirectional substitutions
• Optimal pricing and inventory policies with reliable and random-yield suppliers: characterization and comparison
• Dynamic capacity management with general upgrading
• Planning for end-user substitution in agribusiness
• Optimizing product assortment under customer-driven demand substitution
• Evaluation of unidirectional lateral transshipments and substitutions in inventory systems.
• A co-opetitive newsvendor model with product substitution and a wholesale price contract
• Managing multi-customer service level requirements with a simple rationing policy.
• Technical note: Dynamic optimal policy for an inventory system of two substitutable products with positive replenishment lead times
• Optimal production-inventory policy for the multi-period fixed proportions co-production system
• Inventory allocation with full downward substitution and monotone cost differences
• An inventory model for delayed customization: a hybrid approach
• Technical Note—Multiproduct Inventory Management Under Customer Substitution and Capacity Restrictions
• The risk-averse newsvendor problem with random capacity
• Coordinated decisions for substitutable products in a common retailer supply chain
• Efficient reformulations for dynamic lot-sizing problems with product substitution
• Optimal ordering policies and sourcing strategies with supply disruption
• Efficient optimization in stochastic production planning problems with product substitution

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