Title :

Dynamic order acceptance and capacity planning in a stochastic multi-project environment with a bottleneck resource

Author(s) :

Melchiors, Philipp [Auteur]
Leus, Roel [Auteur]
Creemers, Stefan [Auteur]
Lille économie management - UMR 9221 [LEM]
Kolisch, Rainer [Auteur]

Journal title :

International Journal of Production Research

Pages :

459-475

Publisher :

Taylor & Francis

Publication date :

2017-10-31

ISSN :

0020-7543

English keyword(s) :

order acceptance
capacity planning
multi-project scheduling
Markov decision processes
dynamic arrivals

HAL domain(s) :

Sciences de l'Homme et Société
Sciences de l'Homme et Société/Gestion et management

English abstract : [en]

We study the integration of order acceptance and capacity planning in multi-project environments with dynamically arriving projects. We model this planning problem as a continuous-time Markov decision process to determine ...
Show more >We study the integration of order acceptance and capacity planning in multi-project environments with dynamically arriving projects. We model this planning problem as a continuous-time Markov decision process to determine long-term optimal decisions. We examine whether macro-process planning should be performed before or after order acceptance. We characterise the structure of optimal policies, and explore the dependence on a number of parameters such as project payoff, project cost and order arrival time. We also look into the effects of set-up costs and the use of non-regular capacity.Show less >

Language :

Anglais

Peer reviewed article :

Oui

Audience :

Internationale

Popular science :

Non

Collections :

• Lille Économie Management (LEM) - UMR 9221

Source :

Harvested from HAL