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Our incentive is to assess the impact of demand forecast errors on the cost performance of several lot-sizing techniques in a multi-level context. Unpredicted changes in demand keep on plaguing consumer product companies. However, efforts to improve demand forecast accuracy may not be rewarded...
Persistent link: https://www.econbiz.de/10008832181
This paper presents an integer programming formulation for the sequencing problem in mixed-model assembly lines where the number of temporarily hired utility workers and the number of sequence-dependent setups are to be optimized simultaneously through a cost function. The resultant model offers...
Persistent link: https://www.econbiz.de/10008551682
We develop a model of budget allocation for permanent and contingent workforce under stochastic demand. The level of permanent capacity is determined at the beginning of the horizon and is kept constant throughout, whereas the number of temporary workers to be hired must be decided in each...
Persistent link: https://www.econbiz.de/10008551699