The classical supply chain network(SCN)design problem is extended,where the candidate facilities are subject to failure and the products are prone to elapsed time deteriorion.First,the reliable SCN design problem is d...The classical supply chain network(SCN)design problem is extended,where the candidate facilities are subject to failure and the products are prone to elapsed time deteriorion.First,the reliable SCN design problem is defined by introducing the probability that a facility may be prone to inactivity based on the analysis of perishable product characteristics.The perishable product SCN design problem is formulated as a 0-1 integer programming model.The objective is to minimize the weighted sum of the operating cost(the fixed plus transportation cost)and the expected failure cost.And then,the perishable product SCN design model is discussed and solved using the genetic algorithm(GA).The results show how to generate the tradeoff curve between the operating costs and the expected failure costs.And these tradeoff curves demonstrate empirically that substantial improvements in reliability are often possible with minimal increase in the operating costs.展开更多
The amount of perishable products transported via the existing intermodal freight networks has significantly increased over the last years. Perishable products tend to decay due to a wide range of external factors. Su...The amount of perishable products transported via the existing intermodal freight networks has significantly increased over the last years. Perishable products tend to decay due to a wide range of external factors. Supply chain operations mismanagement causes waste of substantial volumes of perishable products every year. The heretofore proposed mathematical models optimize certain supply chain processes and reduce decay of perishable products, but primarily deal with local production, inventory, distribution, and retailing of perishable products. However, significant quantities of perishable products are delivered from different continents, which shall increase the total transportation time and decay potential of perishable products as compared to local deliveries. This paper proposes a novel optimization model to design the intermodal freight network for both local and long-haul deliveries of perishable products. The objective of the model aims to minimize the total cost associated with transportation and decay of perishable products. A set of piecewise approximations are applied to linearize the non-linear decay function for each perishable product type. CPLEX is used to solve the problem. Comprehensive numerical experiments are conducted using the intermodal freight network for import of the seafood perishable products to the United States to draw important managerial insights. Results demonstrate that increasing product decay cost may significantly change the design of intermodal freight network for transport of perishable products, cause modal shifts and affect the total transportation time and associated costs.展开更多
In order to identify the effective decision-making factors at the individual NPD project manager level, a new effective decision-making model has been established by introducing the concept of decision-making effectiv...In order to identify the effective decision-making factors at the individual NPD project manager level, a new effective decision-making model has been established by introducing the concept of decision-making effectiveness, analyzing the role of expertise, and identifying the major role of expertise and insight with respect to the interfaces between a new product, an organization, customers, technologies and regulations, for the study of the effective decision-making facilitators and inhibitors for a NPD project. The analysis of the unique task conditions for individual decision-makers shows that perceived complexity, uncertainty and time pressure have their negative effect on the effective decision-making process. It is concluded that the flexible, balanced and appropriate use of rational analysis, common sense and intuition is a key effective decision-making factor, and the psychologically ‘active attitude’ of a manager is also an important factor for successful dealing with the difficult task conditions.展开更多
The Suzhou Medical Appliances Factory is currently the sole factory specializing in the production of ocular medical appliances. Products of the factory include ocular operational apparatus; optical diagnostic apparat...The Suzhou Medical Appliances Factory is currently the sole factory specializing in the production of ocular medical appliances. Products of the factory include ocular operational apparatus; optical diagnostic apparatus, electronic treatment instruments, artificial crystals in 4 categories, 150 species and 450 specifications.展开更多
Non-linear crystal materials BBO and LBO stand for the low-temperature phases of barium metaborate beta-BaB<sub>2</sub>O<sub>4</sub> and lithium triborate LiB<sub>3</sub>O<sub>...Non-linear crystal materials BBO and LBO stand for the low-temperature phases of barium metaborate beta-BaB<sub>2</sub>O<sub>4</sub> and lithium triborate LiB<sub>3</sub>O<sub>2</sub>. Both are hi-tech products marketed by the Fujian Castech Crystals Inc., a business entity affiliated to the CAS. The successful development of the two was honoured with a special prize, a first-grade prize and a second-grade prize of the CAS Awards for S&T Progress in 1986, 1989 and 1990 respectively. Also, they were crowned with a prize of the展开更多
Numerous empirical studies show that advertising effort can stimulate demand in both current and future periods, and there is an interaction between pricing, advertising and ordering decisions. How do these decisions ...Numerous empirical studies show that advertising effort can stimulate demand in both current and future periods, and there is an interaction between pricing, advertising and ordering decisions. How do these decisions interact with each other and what is the effect of advertising on pricing and ordering decisions？ To understand this interaction, we consider a newsvendor-type firm that sells a perishable product in a stable market and dynamically determines the joint ordering, pricing and advertising strategies. The problem is modeled as an infmite horizon newsvendor problem with an advertising carryover effect and price-sensitive demand. We characterize the optimal pricing, advertising and inventory strategies and their comparative statics, and consider how this policy differs from the traditional approach without the advertising effect. We show that the optimal effective advertising level is monotonically increasing with the effective advertising level in the previous period, and hence the optimal strategies （advertising, pricing, inventory level） globally converge to the steady states in the long run. We numerically show that the optimal policy can reap significant profit, which underscores the importance of the advertising-driven ordering and pricing strategies.展开更多
Many crops in China have two or more harvesting methods;however,little research has focused on this phenomenon.The current study proposes an operational model that looks to maximize grower profits.This model considers...Many crops in China have two or more harvesting methods;however,little research has focused on this phenomenon.The current study proposes an operational model that looks to maximize grower profits.This model considers a production plan for a perishable crop that has two harvesting methods:harvesting unripe produce at a lower operational cost but with a long lead time,and harvesting ripe crops at a higher operational cost but with quick turnaround.This study proposes a heuristic algorithm by which to pinpoint the optimal plan for the model;the model results indicate that for a crop with two harvesting methods,significant savings can be obtained by applying an optimal production plan.The current study’s main contribution is a production model for crops that feature two harvesting methods and for which the market poses varying demands.展开更多
This work considers a long-term Perishable Inventory Routing Problem with multiple products,static demand,and single vehicle,in the setting of Vendor Managed Inventory.By analyzing the optimal solutions of long-term c...This work considers a long-term Perishable Inventory Routing Problem with multiple products,static demand,and single vehicle,in the setting of Vendor Managed Inventory.By analyzing the optimal solutions of long-term cases that can be solved in Python+Gurobi within 2 h,we capture some patterns of optimal solutions.Utilizing these patterns,experiments show that under certain conditions,the mathematical models of multi-product problems could be simplified to single-product problems,which have the same optimal solutions while taking less time to solve.Managerial insights were generated that for products with static demand in the long term,delivery should be arranged at the store level rather than at the product level.Products in the same store should have the same delivery pattern,no matter how different the unit holding costs are.By further analyzing the optimal solutions of the simplified models,we find that optimal value will stabilize in the long term,and the optimal solution is very close to the solution point where total inventory holding cost and transportation cost are close.Based on these findings,we have developed a heuristic that always provides optimal or close-to-optimal solutions with far less computational time,compared with Python+Gurobi.展开更多
基金The National Key Technology R&D Program of China during the 11th Five-Year Plan Period(No.2006BAH02A06)
文摘The classical supply chain network(SCN)design problem is extended,where the candidate facilities are subject to failure and the products are prone to elapsed time deteriorion.First,the reliable SCN design problem is defined by introducing the probability that a facility may be prone to inactivity based on the analysis of perishable product characteristics.The perishable product SCN design problem is formulated as a 0-1 integer programming model.The objective is to minimize the weighted sum of the operating cost(the fixed plus transportation cost)and the expected failure cost.And then,the perishable product SCN design model is discussed and solved using the genetic algorithm(GA).The results show how to generate the tradeoff curve between the operating costs and the expected failure costs.And these tradeoff curves demonstrate empirically that substantial improvements in reliability are often possible with minimal increase in the operating costs.
文摘The amount of perishable products transported via the existing intermodal freight networks has significantly increased over the last years. Perishable products tend to decay due to a wide range of external factors. Supply chain operations mismanagement causes waste of substantial volumes of perishable products every year. The heretofore proposed mathematical models optimize certain supply chain processes and reduce decay of perishable products, but primarily deal with local production, inventory, distribution, and retailing of perishable products. However, significant quantities of perishable products are delivered from different continents, which shall increase the total transportation time and decay potential of perishable products as compared to local deliveries. This paper proposes a novel optimization model to design the intermodal freight network for both local and long-haul deliveries of perishable products. The objective of the model aims to minimize the total cost associated with transportation and decay of perishable products. A set of piecewise approximations are applied to linearize the non-linear decay function for each perishable product type. CPLEX is used to solve the problem. Comprehensive numerical experiments are conducted using the intermodal freight network for import of the seafood perishable products to the United States to draw important managerial insights. Results demonstrate that increasing product decay cost may significantly change the design of intermodal freight network for transport of perishable products, cause modal shifts and affect the total transportation time and associated costs.
文摘In order to identify the effective decision-making factors at the individual NPD project manager level, a new effective decision-making model has been established by introducing the concept of decision-making effectiveness, analyzing the role of expertise, and identifying the major role of expertise and insight with respect to the interfaces between a new product, an organization, customers, technologies and regulations, for the study of the effective decision-making facilitators and inhibitors for a NPD project. The analysis of the unique task conditions for individual decision-makers shows that perceived complexity, uncertainty and time pressure have their negative effect on the effective decision-making process. It is concluded that the flexible, balanced and appropriate use of rational analysis, common sense and intuition is a key effective decision-making factor, and the psychologically ‘active attitude’ of a manager is also an important factor for successful dealing with the difficult task conditions.
文摘The Suzhou Medical Appliances Factory is currently the sole factory specializing in the production of ocular medical appliances. Products of the factory include ocular operational apparatus; optical diagnostic apparatus, electronic treatment instruments, artificial crystals in 4 categories, 150 species and 450 specifications.
文摘Non-linear crystal materials BBO and LBO stand for the low-temperature phases of barium metaborate beta-BaB<sub>2</sub>O<sub>4</sub> and lithium triborate LiB<sub>3</sub>O<sub>2</sub>. Both are hi-tech products marketed by the Fujian Castech Crystals Inc., a business entity affiliated to the CAS. The successful development of the two was honoured with a special prize, a first-grade prize and a second-grade prize of the CAS Awards for S&T Progress in 1986, 1989 and 1990 respectively. Also, they were crowned with a prize of the
文摘Numerous empirical studies show that advertising effort can stimulate demand in both current and future periods, and there is an interaction between pricing, advertising and ordering decisions. How do these decisions interact with each other and what is the effect of advertising on pricing and ordering decisions？ To understand this interaction, we consider a newsvendor-type firm that sells a perishable product in a stable market and dynamically determines the joint ordering, pricing and advertising strategies. The problem is modeled as an infmite horizon newsvendor problem with an advertising carryover effect and price-sensitive demand. We characterize the optimal pricing, advertising and inventory strategies and their comparative statics, and consider how this policy differs from the traditional approach without the advertising effect. We show that the optimal effective advertising level is monotonically increasing with the effective advertising level in the previous period, and hence the optimal strategies （advertising, pricing, inventory level） globally converge to the steady states in the long run. We numerically show that the optimal policy can reap significant profit, which underscores the importance of the advertising-driven ordering and pricing strategies.
基金This researchwas supported by:(i)MOE(Ministry of Education in China)Liberal Arts and Social Sciences Foundation(18YJC630070)(ii)Nanjing Agricultural University Fundamental Research Funds for the Central Universities(SKYZ2018031).
文摘Many crops in China have two or more harvesting methods;however,little research has focused on this phenomenon.The current study proposes an operational model that looks to maximize grower profits.This model considers a production plan for a perishable crop that has two harvesting methods:harvesting unripe produce at a lower operational cost but with a long lead time,and harvesting ripe crops at a higher operational cost but with quick turnaround.This study proposes a heuristic algorithm by which to pinpoint the optimal plan for the model;the model results indicate that for a crop with two harvesting methods,significant savings can be obtained by applying an optimal production plan.The current study’s main contribution is a production model for crops that feature two harvesting methods and for which the market poses varying demands.
基金supported by the European Union's Horizon 2020 Research and Innovation Programme RISE(No.823759)(REMESH).
文摘This work considers a long-term Perishable Inventory Routing Problem with multiple products,static demand,and single vehicle,in the setting of Vendor Managed Inventory.By analyzing the optimal solutions of long-term cases that can be solved in Python+Gurobi within 2 h,we capture some patterns of optimal solutions.Utilizing these patterns,experiments show that under certain conditions,the mathematical models of multi-product problems could be simplified to single-product problems,which have the same optimal solutions while taking less time to solve.Managerial insights were generated that for products with static demand in the long term,delivery should be arranged at the store level rather than at the product level.Products in the same store should have the same delivery pattern,no matter how different the unit holding costs are.By further analyzing the optimal solutions of the simplified models,we find that optimal value will stabilize in the long term,and the optimal solution is very close to the solution point where total inventory holding cost and transportation cost are close.Based on these findings,we have developed a heuristic that always provides optimal or close-to-optimal solutions with far less computational time,compared with Python+Gurobi.
