Engineering Commons^™

Constructive Solution Methodologies To The Capacitated Newsvendor Problem And Surrogate Extension, Pinyuan Shan

Dissertations

The newsvendor problem is a single-period stochastic model used to determine the order quantity of perishable product that maximizes/minimizes the profit/cost of the vendor under uncertain demand. The goal is to fmd an initial order quantity that can offset the impact of backlog or shortage caused by mismatch between the procurement amount and uncertain demand. If there are multiple products and substitution between them is feasible, overstocking and understocking can be further reduced and hence, the vendor's overall profit is improved compared to the standard problem. When there are one or more resource constraints, such as budget, volume or weight, …

Reevaluating Order Fulfillment Decisions For E-Tailers Under True Simulated Operating Conditions, Amir H. Kalantari

Theses and Dissertations

This dissertation makes both a methodological and an applied contribution. From a methodological standpoint, this is among the very first works in the literature to explore the concepts of true simulated operating conditions and fully embedded decision-making algorithms. We illustrate the effectiveness of these concepts by applying them to an online retailer (i.e. e-tailer) order fulfillment decision making process.

Online shopping has completely transformed retail markets in recent years. For customers, it provides convenience, visibility and choice, and for retailers it provides market expansion opportunities, operational cost reduction, and many other advantages. There are fundamental differences between the supply chain …

A Lean Logistics Assessment Tool For Smes In The Manufacturing Sector, Diana Lorena Sanchez Ramirez

Open Access Theses

This study developed an assessment tool to rate the maturity of the current and desired states of lean logistics operations in small and medium enterprises. The tool consists of 48 best practices classified into 8 critical factors: Inventory, Transportation, Administration, Information Systems, Warehouse, Forecasting, Packaging and Supplier Network. Each of the best practices and critical factors were identified throughout a thorough literature review and comparative analysis between authors to define commonalities among them. Using gap analysis; this tool results in a SWOT matrix providing a roadmap for lean implementation. The resulting model was evaluated by subject matter experts in different …

Prioritizing Offshore Vendor Selection Criteria For The North American Geospatial Industry, Simon Wolfgang Musaeus

Walden Dissertations and Doctoral Studies

The U.S. market for geospatial services totaled US $2.2 billion in 2010, representing 50% of the global market. Data-processing firms subcontract labor-intensive portions of data services to offshore providers in South and East Asia and Eastern Europe. In general, half of all offshore contracts fail within the first 5 years because one or more parties consider the relationship unsuccessful. Despite the high failure rates, no study has examined the offshore vendor selection process in the geospatial industry. The purpose of this study was to determine the list of key offshore vendor selection criteria and the efficacy of the analytic hierarchy …