• Medientyp: E-Book
  • Titel: Coordination of Outsourced Operations to Minimize Weighted Flow Time and Capacity Booking Costs
  • Beteiligte: Aydinliyim, Tolga [VerfasserIn]; Vairaktarakis, George [Sonstige Person, Familie und Körperschaft]
  • Erschienen: [S.l.]: SSRN, [2014]
  • Umfang: 1 Online-Ressource (20 p)
  • Sprache: Englisch
  • Entstehung:
  • Anmerkungen: In: Manufacturing & Service Operations Management 12(2) pp. 236-255, 2009, DOI:10.1287/msom.1090.0265
    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 13, 2009 erstellt
  • Beschreibung: A set of manufacturers outsources certain operations to a single third party following the announcement of a booking price for each available day of production. Knowing these costs, manufacturers book available production days in a first-come-first-serve order to optimize their individual cost. The cost for each manufacturer consists of booking and work-in-progress costs, as expressed by the weighted flow time. When window booking is completed, the third party identifies a schedule that minimizes the total cost incurred by all manufacturers. This coordination reduces the total cost but may result in higher costs for a subset of manufacturers. For this reason, the third party devises a savings sharing scheme with which the monetary benefit for each manufacturer is greater. In this article we present algorithms for the problem considered, as well as savings-sharing schemes that make coordination a better alternative for all parties. The highlight of our experiments is that the costs of the production chain can be reduced by an average of 32% if one-third of the members let the third party cover their increased work-in-progress cost in exchange for 38%-53% of the total savings
  • Zugangsstatus: Freier Zugang