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Full-Text Articles in Business

A Multi-Skilled Approach To Property Maintenance Considering Temporal, Spatial And Resource Constraints, Anthony G. Vatterott Nov 2018

A Multi-Skilled Approach To Property Maintenance Considering Temporal, Spatial And Resource Constraints, Anthony G. Vatterott

Dissertations

With the continued increase in age of the United States housing and building stock, as well as the continued need to maintain properties across the U.S., the need for timely, cost-optimal maintenance is ever more critical. This paper proposes the application of a mathematical model to aid in the scheduling and assignment of construction and maintenance tasks, considering the multi-skilled workforce. The benefit of this approach is to take advantage of the economies of scale that can be developed using cross-functional skilled workers with varying levels of competence and efficiency. This approach schedules and assigns tasks using data from maintenance …


Optimizing Strategic Sourcing In The Healthcare Supply Chain With Consideration Of Physician Preference And Vendor Scorecards, Parimal Kulkarni Sep 2018

Optimizing Strategic Sourcing In The Healthcare Supply Chain With Consideration Of Physician Preference And Vendor Scorecards, Parimal Kulkarni

Dissertations

This research focuses on the design of a procurement model for expensive medical supplies in a healthcare supply chain. A deterministic optimization model generates recommendations for optimal purchases of products in a given planning period. The model combines common concepts of supply chain procurement such as leveraging tiered pricing, ensuring supply base diversity with phenomena unique to healthcare supply chain such as consideration of physician preference for products. The deterministic optimization model minimizes total spend over a chosen planning period with consideration of four key decision parameters:

  • Physician preference requirements (which are imposed as rules on product substitutability),
  • Upper limits …


Optimizing Inventory For Profitability And Order Fulfillment Improvement, Liu Yang May 2016

Optimizing Inventory For Profitability And Order Fulfillment Improvement, Liu Yang

Dissertations

Despite the extensive research on inventory management, few studies have investigated the optimization of inventory classification and control policies for maximizing the net present value of profit and order fulfillment performance. This dissertation aims to fill the gaps, and consists of two main essays. Essay One (Chapter 1) presents a new multi-period optimization model to explicitly address nonstationary demand, arbitrary review periods, and SKU-specific lead times, with the objective of maximizing the net present value of profit. A real-world application and computational experiments show that the optimal dynamic inventory classification and control decisions obtained from the model significantly reduce both …