Production Planning Using Evolving Demand Forecasts in the Automotive Industry
IEEE Transactions on Engineering Management, pp. 296-304, 2016.
Supply chainsProduction planningSafetyIndustriesOptimizationMore(1+)
This paper considers an auto parts supplier who receives order release updates from its customers and revises its production plan for future periods on a weekly basis. The inaccuracy of the order releases causes significant costs in the form of premium expedited transportation, production overtime, and excess inventory. This setting provi...More
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