Optimization is great for many things but terrible at capturing uncertainty and implementing recommendations on its own. Implementing optimization recommendations still requires a big dose of, “Well, ...
This concentration is intended to prepare students for modeling and simulating various problems related to supply chain management, such as procurement, manufacturing, logistics and distribution, ...
This paper investigates the effect of permissible delay in payments on ordering policies in a periodic review (s, S) inventory model with stochastic demand. A new mathematical model is developed, ...
Siloed supply chain management processes are prone to errors and communication breakdowns, which inhibit growth for most organizations.
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