Selecting a set of vendors in a manufacturing environment

Article Abstract:

Just-in-time (JIT) incorporates a set of management principles that enables more frugal and more competitive resource management in manufacturing operations. A basic element of JIT purchasing principles is the selection and development of close relationships with a small number of high-quality, reliable vendors. This paper proposes a new model that integrates the important, conflicting and often non-quantifiable parameters that include reductions in total material costs, reductions in the number of suppliers and increases in the number of opportunities for improved supplier delivery and quality performance.

Purchasing, Management, Just in time inventory systems, Just in time systems

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Multi-Activity Facility Design and Location Problems

Article Abstract:

This paper considers the problem of optimally locating multi-activity facilities whose activity compositions are also to be determined. It is assumed that there are fixed costs associated both with establishing facilities and with including specific activities at the locations. This problem is examined under alternative assumptions concerning the facility capacities. Efficient branch-and-bound algorithms are developed, and extensive computational results are given. (Reprinted by Permission of Publisher.)

Management science, Algorithms, Design, Algorithm, Facility Location, Branch and Bound

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