search query: @author Bertrand, J. W. M. / total: 5
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Author:Bertrand, J. W. M.
Sridharan, V.
Title:A study of simple rules for subcontracting in make-to-order manufacturing
Journal:European Journal of Operational Research
2001 : FEB 1, VOL. 128:3, p. 509-531
Index terms:OPERATIONS MANAGEMENT
LOGISTICS
SUBCONTRACTS
HEURISTIC METHODS
MANUFACTURING INDUSTRY
Language:eng
Abstract:The authors study a low volume component manufacturing operation facing order arrival rate greater than the service rate, thus necessitating subcontracting of some of the orders, for the case where order lead times are exogenous and highly variable. The major objective of the firm is to maximize capacity utilization and minimize tardiness (so as to minimize cost and maximize delivery reliability). Limiting the focus to operational decisions the authors develop four heuristic decision rules with varying information needs and complexity to determine when and which orders should be subcontracted. The performance of the decision rules over a range of environments is examined first under the assumption of perfect information.
SCIMA record nr: 224607
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