Revenue Management in Make-To-Order Manufacturing: Case Study of Capacity Control at ThyssenKrupp VDM

While revenue management (RM) is traditionally considered a tool of service operations, RM shows considerable potential for application in manufacturing operations. The typical challenges in make-to-order manufacturing are fixed manufacturing capacities and a great variety in offered products, going along with pronounced fluctuations in demand and profitability. Since Harris and Pinder in the mid-90s, numerous papers have furthered the understanding of RM theory in this environment. Nevertheless, results to be expected from applying the developed methods to a practical industry setting have yet to be reported. To this end, this paper investigates a possible application of RM at ThyssenKrupp VDM, leading to considerable improvements in several areas.

Planning of a make-to-order production process in the printing industry

Offset printing is a common method to produce large amounts of printed matter. We consider a real-world offset printing process that is used to imprint customer-specific designs on napkin pouches. The production equipment used gives rise to various technological constraints. The planning problem consists of allocating designs to printing-plate slots such that the given customer demand for each design is fulfilled, all technological and organizational constraints are met and the total overproduction and setup costs are minimized. We formulate this planning problem as a mixed-binary linear program, and we develop a multi-pass matching-based savings heuristic. We report computational results for a set of problem instances devised from real-world data.

Biennial report of the state engineer to the Governor of Utah.

1st covers Apr. 1897/Dec. 1898; v. 1-14 cover calendar bienniums; v. 15-16 report year irregular. 1928/30-1956/58 report year ends June 30th.

L. C. printed cards : how to order and use them /

Mode of access: Internet.

Oswego and Utica Rail Road Company : report of Joseph D. Allen, chief engineer, to the Board of directors, September, 1837.

Mode of access: Internet.

Report of the City Engineer to the City Council in relation to the disposal of the sewage of the city of Worcester.

Mode of access: Internet.

Before the Honorable Secretary of the Interior of the United States of America, in the matter of the order issued by the Honorable Secretary of the Interior, to the City and County of San Francisco, to show cause why certain portions of the Garfield Permit should not be revoked : written return of respondent to order to show cause /

Cover title.

A Grammar of the Greek language : originally composed for the College-school at Gloucester, in which it has been the editor's design to reject what, in the most improved editions of Camden, is redundant, to supply what is deficient, to reduce to order what is intricate and confused, and to consign to an appendix what is not requisite to be got by heart /

Mode of access: Internet.

Principles of architectural composition; an attempt to order and phrase ideas which have hitherto been only felt by the instinctive taste of designers [by] John Beverly [!] Robinson.

On cover: The Architectural record series

The English gardner, or, A sure guide to young planters & gardeners. How to order the kitchin-garden, for all sorts of herbs, roots, and sallads.

"Reproduced the second section devoted to the 'kitchen-garden' from the 1688 edition."

Biennial report of the State Engineer to the Governor of Wyoming.

Report year ends Sept. 30.

Report of the board of directors to the stockholders of the Boston and Providence rail-road company, submitting the report of their engineer ... to which are annexed the acts of the corporation.

Title varies slightly.

Production in advance versus production to order

We use a theoretical framework to compare production-in-advance type and production-to-order type environments. Carrying out our analysis in the framework of a symmetric capacity-constrained Bertrand-Edgeworth duopoly game, we prove that the equilibrium prots are the same in case of production in advance and production to order. In addition, advance production results in higher prices than production to order if both games have an equilibrium in nondegenerated mixed strategies.