Value of Stock Level Information and Impact on Manufacturers' Substitution Decisions
In this work, we study the product substitution decisions of amanufacturer that produces multiple items. We first quantify the cost savings due to flexibility attained through substitution. Ideally, the manufacturer must use the stock level information when giving production, scheduling and substitu...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Žilina
2013-03-01
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| Series: | Communications |
| Subjects: | |
| Online Access: | https://komunikacie.uniza.sk/artkey/csl-201301-0010_value-of-stock-level-information-and-impact-on-manufacturers-substitution-decisions.php |