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DTSTAMP:20250928T061030Z
DESCRIPTION:Revenue Management Approaches to Supply Chain Demand Fulfillmen
 t\nMoritz Fleischmann University of Mannheim \nDate: May 2\, 2014Time: 12:
 00 pm - 2:00 pmLocation: Room 310\nAbstract: \nDemand fulfillment (DF) con
 cerns the planning of how to satisfy a given customer order. The tradition
 al focus of demand fulfillment has been on assessing delivery capabilities
 \, e.g. for promising reliable delivery dates. More recently\, driven by i
 ncreasing customer heterogeneity\, service differentiation is becoming ano
 ther potential lever to manage profitability. This links demand fulfillmen
 t to the concept of revenue management (RM)\, as established in service in
 dustries.\nThis presentation starts by reviewing several recent studies th
 at develop RM oriented DF approaches in different supply chain settings. A
 pplications range from e-groceries to spare parts management. We then zoom
  in on a specific problem\, namely DF in make-to-stock (MTS) production. W
 e discuss two alternative modeling approaches for the resulting planning p
 roblem\, namely a deterministic linear programming model and a stochastic 
 dynamic programming (SDP) model. We analyze the structure of the SDP and c
 ompare it to traditional RM models. We also highlight the strengths and we
 aknesses of both approaches and use them to develop several heuristics. A 
 numerical study reveals the performance of the different approaches and pr
 ovides insights into the impact of key problem parameters.\n(The presentat
 ion is based on joint work with Herbert Meyr\, Rainer Quante\, and Yao Yan
 g.)\nA light lunch will be served.
DTSTART:20140502T160000Z
DTEND:20140502T180000Z
LOCATION:Room 310\, Bronfman Building\, CA\, QC\, Montreal\, H3A 1G5\, 1001
  rue Sherbrooke Ouest
SUMMARY:Seminar: Moritz Fleischmann\, University of Mannheim 
URL:/channels/event/seminar-moritz-fleischmann-univers
 ity-mannheim-235471
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