The just-in-time (JIT) delivery of products is a considerable challenge for many firms, because suitable planning methods have to be developed and practically installed. One main problem refers to the suppliersâ strategy, as they are no longer able to keep their optimal lot sizes and production rates due to customersâ reduced call-forward rates (cf. e.g. Fandel et al. 1988 and Fandel 1988). Thus, the suppliers have to choose different planning procedures in order to assure that there will be no avoidable in-process costs, as concerns particularly the production, inventory, and transportation of products. Obviously, there exist remarkable trade-offs between the design parameters of the whole process (cf. Reese 1991), which require a simultaneous optimization of all variables.
The different versions of the original document can be found in:
Are you one of the authors of this document?