Revenue management approach to due date quoting and scheduling in an assemble-to-order production system

Guhlich, Hendrik ; Fleischmann, Moritz ; Stolletz, Raik

Document Type: Article
Year of publication: 2015
The title of a journal, publication series: OR Spectrum
Volume: 37
Issue number: 4
Page range: 951-982
Place of publication: Berlin ; Heidelberg
Publishing house: Springer
ISSN: 0171-6468 , 1436-6304
Publication language: English
Institution: Business School > ABWL u. Logistik (Fleischmann 2009-)
Business School > ABWL u. Produktion (Stolletz 2010-)
Subject: 330 Economics
Abstract: In this paper, we consider demand management decisions for an assemble-to-order production system in which both the availability of intermediate material and assembly capacity are limited. For each incoming order, the manufacturer must decide whether to accept it and what due date to quote for an accepted order. The actual assembly dates are still subject to change after these decisions, and a production schedule must be maintained to guarantee that the quoted due dates are met. Therefore, the decisions on accepting orders and quoting due dates must be made with incomplete knowledge of the actual resources used to fulfill the orders. To address these factors, we model this situation and develop a novel revenue management approach using bid prices. An extensive numerical study demonstrates the good performance of the proposed approach in comparison with benchmark algorithms and an ex-post optimal solution applied over a wide range of different supply and demand scenarios. Our results suggest that the consideration of assembly capacity constraints is more vital than the consideration of intermediate material constraints in our test cases.

Dieser Eintrag ist Teil der Universitätsbibliographie.

Metadata export


+ Search Authors in

+ Page Views

Hits per month over past year

Detailed information

You have found an error? Please let us know about your desired correction here: E-Mail

Actions (login required)

Show item Show item