search query: @author Parlar, M. / total: 7
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| Author: | Parlar, M. Weng, Z. K. |
| Title: | Designing a firm's coordinated manufacturing and supply decisions with short product life cycles. |
| Journal: | Management Science
1997 : OCT, VOL. 43:10, p. 1329-1344 |
| Index terms: | COMPANIES PRODUCTION FUNCTIONS SUPPLY AND DEMAND PRODUCT LIFE CYCLE MANUFACTURING MARKET EFFICIENCY |
| Language: | eng |
| Abstract: | The authors analyse a coordination problem between the two departments: manufacturing and supply departments. They provide conditions under which it is desirable to coordinate, resulting in a significant increase in expected profit. If coordination is optimal, then the supply department would purchase additional reserved material for the second run. The authors analyze the effects of joint coordination on the expected profit. They also find explicit conditions for which joint coordination is not beneficial, i.e., the supply department should only order sufficient material to meet the first production run requirements. They provide a detailed set of numerical examples and generate response surfaces indicating the desirability of coordination for different pairs of parameter combinations. |
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