Many decisions in operations management (OM) belong to the class of Non-deterministic
Polynomial hard problems and thus heuristic search methods have been applied to improve …

This paper offers an up-to-date review on strategic capacity planning in manufacturing
companies, with two main objectives:(1) to describe and analyze the strategic capacity …

The objective of this study is to develop a deteriorating inventory policy when the retailer
invests on the preservation technology to reduce the rate of product deterioration. A solution …

This study jointly optimizes the production capacity and safety stocks in a serial production–
distribution system supplying multiple products under a guaranteed service approach (GSA) …

Capacity planning is a challenging problem in semiconductor manufacturing industry due to
high uncertainties both in market and manufacturing systems, short product life cycle, and …

In times of crisis, companies need free cash flow to efficiently react against all uncertainty to
ensure solvency. However, classical dynamic lot-sizing models only consider the physical …

Technology replacement is capital intensive and highly risky in fast-paced high-tech
industries along lumpy demand. This article proposes a solution to decision-making related …

This paper addresses the joint optimization of production capacity and safety stocks in
supply chains under the guaranteed service approach (GSA). The integrated problem is …

Recent advances in simulation optimization (SO) research and explosive growth in
computing power have made it possible to optimize complex manufacturing system …

This paper studies capacity planning problems in two-stage Thin Film Transistor-Liquid
Crystal Display (TFT-LCD) production networks. In the TFT-LCD industry, capacity planning …