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Quoting Customer Lead Times
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| Zeitschriftentitel: | Management Science |
|---|---|
| Personen und Körperschaften: | , |
| In: | Management Science, 41, 1995, 1, S. 43-57 |
| Format: | E-Article |
| Sprache: | Englisch |
| veröffentlicht: |
Institute for Operations Research and the Management Sciences (INFORMS)
|
| Schlagwörter: |
| author_facet |
Duenyas, Izak Hopp, Wallace J. Duenyas, Izak Hopp, Wallace J. |
|---|---|
| author |
Duenyas, Izak Hopp, Wallace J. |
| spellingShingle |
Duenyas, Izak Hopp, Wallace J. Management Science Quoting Customer Lead Times Management Science and Operations Research Strategy and Management |
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duenyas, izak |
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Duenyas, Izak Hopp, Wallace J. 0025-1909 1526-5501 Institute for Operations Research and the Management Sciences (INFORMS) Management Science and Operations Research Strategy and Management http://dx.doi.org/10.1287/mnsc.41.1.43 <jats:p> We consider the problem of quoting customer lead times in a manufacturing environment under a variety of modeling assumptions. First, we examine the case where capacity is infinite. For this case, we derive a closed-form expression for the optimal lead time quote. Second, we consider the case where capacity is finite and the firm processes jobs in first-come-first-served (FCFS) order. We prove the optimality of different forms of control limit policies for the situations where the lead time is dictated by the market and where firms are able to compete on the basis of lead time. Finally, we consider the case where the firm may choose to schedule jobs in other than FCFS order and give conditions under which the optimal due-date-quoting/order-scheduling policy will process jobs in earliest due date (EDD) order. </jats:p> Quoting Customer Lead Times Management Science |
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Institute for Operations Research and the Management Sciences (INFORMS), 1995 |
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Institute for Operations Research and the Management Sciences (INFORMS), 1995 |
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Management Science |
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| title |
Quoting Customer Lead Times |
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Quoting Customer Lead Times |
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Quoting Customer Lead Times |
| title_fullStr |
Quoting Customer Lead Times |
| title_full_unstemmed |
Quoting Customer Lead Times |
| title_short |
Quoting Customer Lead Times |
| title_sort |
quoting customer lead times |
| topic |
Management Science and Operations Research Strategy and Management |
| url |
http://dx.doi.org/10.1287/mnsc.41.1.43 |
| publishDate |
1995 |
| physical |
43-57 |
| description |
<jats:p> We consider the problem of quoting customer lead times in a manufacturing environment under a variety of modeling assumptions. First, we examine the case where capacity is infinite. For this case, we derive a closed-form expression for the optimal lead time quote. Second, we consider the case where capacity is finite and the firm processes jobs in first-come-first-served (FCFS) order. We prove the optimality of different forms of control limit policies for the situations where the lead time is dictated by the market and where firms are able to compete on the basis of lead time. Finally, we consider the case where the firm may choose to schedule jobs in other than FCFS order and give conditions under which the optimal due-date-quoting/order-scheduling policy will process jobs in earliest due date (EDD) order. </jats:p> |
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| author | Duenyas, Izak, Hopp, Wallace J. |
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| description | <jats:p> We consider the problem of quoting customer lead times in a manufacturing environment under a variety of modeling assumptions. First, we examine the case where capacity is infinite. For this case, we derive a closed-form expression for the optimal lead time quote. Second, we consider the case where capacity is finite and the firm processes jobs in first-come-first-served (FCFS) order. We prove the optimality of different forms of control limit policies for the situations where the lead time is dictated by the market and where firms are able to compete on the basis of lead time. Finally, we consider the case where the firm may choose to schedule jobs in other than FCFS order and give conditions under which the optimal due-date-quoting/order-scheduling policy will process jobs in earliest due date (EDD) order. </jats:p> |
| doi_str_mv | 10.1287/mnsc.41.1.43 |
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| imprint | Institute for Operations Research and the Management Sciences (INFORMS), 1995 |
| imprint_str_mv | Institute for Operations Research and the Management Sciences (INFORMS), 1995 |
| institution | DE-D275, DE-Bn3, DE-Brt1, DE-D161, DE-Gla1, DE-Zi4, DE-15, DE-Pl11, DE-Rs1, DE-105, DE-14, DE-Ch1, DE-L229 |
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| series | Management Science |
| source_id | 49 |
| spelling | Duenyas, Izak Hopp, Wallace J. 0025-1909 1526-5501 Institute for Operations Research and the Management Sciences (INFORMS) Management Science and Operations Research Strategy and Management http://dx.doi.org/10.1287/mnsc.41.1.43 <jats:p> We consider the problem of quoting customer lead times in a manufacturing environment under a variety of modeling assumptions. First, we examine the case where capacity is infinite. For this case, we derive a closed-form expression for the optimal lead time quote. Second, we consider the case where capacity is finite and the firm processes jobs in first-come-first-served (FCFS) order. We prove the optimality of different forms of control limit policies for the situations where the lead time is dictated by the market and where firms are able to compete on the basis of lead time. Finally, we consider the case where the firm may choose to schedule jobs in other than FCFS order and give conditions under which the optimal due-date-quoting/order-scheduling policy will process jobs in earliest due date (EDD) order. </jats:p> Quoting Customer Lead Times Management Science |
| spellingShingle | Duenyas, Izak, Hopp, Wallace J., Management Science, Quoting Customer Lead Times, Management Science and Operations Research, Strategy and Management |
| title | Quoting Customer Lead Times |
| title_full | Quoting Customer Lead Times |
| title_fullStr | Quoting Customer Lead Times |
| title_full_unstemmed | Quoting Customer Lead Times |
| title_short | Quoting Customer Lead Times |
| title_sort | quoting customer lead times |
| title_unstemmed | Quoting Customer Lead Times |
| topic | Management Science and Operations Research, Strategy and Management |
| url | http://dx.doi.org/10.1287/mnsc.41.1.43 |