Stochastic programming approach to process flexibility design

DOI10.1007/s10696-010-9062-3zbMath1202.90117MaRDI QIDQ613618

Ho-Yin Mak, Zuo-Jun Max Shen

Publication date: 21 December 2010

Published in: Flexible Services and Manufacturing Journal (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10696-010-9062-3

zbMATH Keywords

stochastic programming; manufacturing systems; demand uncertainty; process flexibility

Mathematics Subject Classification ID

90C10: Integer programming

90C15: Stochastic programming

90B30: Production models

Cites Work

• A tighter variant of Jensen's lower bound for stochastic programs and separable approximations to recourse functions
• Multi-resource investment strategies: Operational hedging under demand uncertainty
• A variable target value method for nondifferentiable optimization
• Characterizing the performance of process flexibility structures
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• Process Flexibility in Supply Chains
• Structural Flexibility: A New Perspective on the Design of Manufacturing and Service Operations
• Operational Flexibility and Financial Hedging: Complements or Substitutes?
• Optimal and Approximate Policies in Multiperiod, Multilocation Inventory Models with Transshipments
• A duality-based relaxation and decomposition approach for inventory distribution systems
• Principles on the Benefits of Manufacturing Process Flexibility
• Models and Algorithms for Distribution Problems with Uncertain Demands