Demand Flexibility in Supply Chain Planning

by Joseph Geunes

Overview

This work encapsulates the essential developments in this field into a single resource, as well as to set an agenda for further development in the field. This brief focuses on the demand flexibility in supply chains with fragmented results distributed throughout the literature. These results have strong implications for managing real-world complex operations planning problems.

This book exploits dimensions of demand flexibility in supply chains and characterizes the best fit between demand properties and operations capabilities and constraints. The origins and seminal works are traced in integrated demand and operations planning and an in-depth documentation is provided for the current state of the art. Systems with inherent costs and constraints that must respond to some set of demands at a minimum cost are examined. Crucial unanswered questions are explored and the high-value research directions are highlighted for both practice and for the development of new and interesting optimization models and algorithms.

Product Details

ISBN-13:	9781441993465
Publisher:	Springer New York
Publication date:	02/17/2012
Series:	SpringerBriefs in Optimization
Edition description:	2013
Pages:	90
Product dimensions:	6.10(w) x 9.25(h) x 0.01(d)

About the Author

Joseph Geunes is a Professor and Associate Chair in the Department of Industrial and Systems Engineering at the University of Florida, where he has been a faculty member since 1998. His research focuses on applying operations research techniques to large-scale production and logistics planning problems. Professor Geunes serves as Co-Director of the Supply Chain And Logistics Engineering (SCALE) Research Center and as Director of the Outreach Engineering Management professional Master’s Degree program at the University of Florida. He has co-authored more than 35 peer-reviewed journal articles, which have appeared in journals such as Operations Research, Mathematical Programming, Manufacturing & Service Operations Management, IIE Transactions, and Naval Research Logistics. He also serves as an Associate Editor for OMEGA, Computers & IE, Decision Sciences, and the Journal of Industrial and Management Optimization, and is on the editorial boards of Production and Operations Management and the International Journal of Inventory Research. His research has been supported by the National Science Foundation, the U.S. and Florida Departments of Transportation, the U.S. Navy, Merck & Co., and Motorola. Professor Geunes received a Ph.D. (1999) and MBA (1993) from Penn State University, as well as a B.S. in Electrical Engineering (1990) from Drexel University.

Table of Contents

1. Scope of Problem Coverage and Introduction.- 2. Production and Inventory Planning Models with Demand Shaping.- 3. EOQ-Type Models with Demand Selection.- 4. Single-Period Shastic Inventory Planning with Demand Selection.- 5. Dynamic Lot Sizing with Demand Selection and the Pricing Analog.- 6. Dynamic Lot Sizing with Market Selection.- 7. Assignment and Location Problems in Supply Chains.- 8. Branch and Price Decomposition for Assignment and Location Problems.- 9. Research Challenges in Supply Chain Planning with Flexible Demand.

Editorial Reviews

From the reviews:

“Demand Flexibility in Supply Chain Planning brings together the author’s contributions and ideas for collaborative research on operations planning in situations in which the producer has some control over customer demand. … This book serves as a good foundation for the topic. It is a compact (103 pages), well-structured, and well-written book that provides readers with a good overview of the important aspects of including demand flexibility in operational models.” (Hein Fleuren, Interfaces, Vol. 43 (2), March-April, 2013)

“The book gives an excellent overview of demand flexibility phenomenon in series of problems, which are solved, when a supply chain is designed. … The branch and price approach is broadly discussed in this part of book as a convenient solving tool for this type of problems. … this book constitutes a valuable guide for researchers and advanced students to the field of advanced supply chain planning approaches.” (Jaroslav Janáček, Zentralblatt MATH, Vol. 1239, 2012)

“The book is a compendium of the work of the author … in the area of supply chain operations planning. … the book could be very valuable for a new graduate student. It provides an overview of a number of problems and models in production planning and inventory control from a unified point of view. Also, it illustrates a paradigm of focused research: consider a specific assumption … and analyze the various consequences of this assumption on a multitude of problems and models.” (Serge G. Kruk, Mathematical Reviews, Issue 2012 m)

From the Publisher