With the pressure of time-based competition increasing, and customers demanding faster service, the availability of service parts becomes a critical component of manufacturing and servicing operations. Potentially, the aftermarket service industry may account for 25% of a manufacturer's annual revenue. On the other hand, keeping too many of such spare parts increases operational costs and eats up the bottom line. The challenge is the erratic demand patterns of service parts. Demand commonly is intermittent with some time periods having no demand at all. Forecasting for intermittent demand...
With the pressure of time-based competition increasing, and customers demanding faster service, the availability of service parts becomes a critica...
Cost Analysis is an emerging sub-discipline of Economics and Operations Research. This is the first collection of readings that spans the discipline. The contributions are both theoretical and applications oriented. This book is directed to researchers in Economics, Operations Research, Industrial Engineering, and Managerial Accounting. In particular, the book provides an overview of the types of problems that are of interest to cost researchers. These papers are a subset of the papers that were presented at the 1989 Joint National Meeting of the Institute of Cost Analysis and the National...
Cost Analysis is an emerging sub-discipline of Economics and Operations Research. This is the first collection of readings that spans the discipline. ...