Analyzing process flexibility: A distribution-free approach with partial expectations

Journal Article (Journal Article)

We develop a distribution-free model to evaluate the performance of process flexibility structures when only the mean and partial expectation of the demand are known. We characterize the worst-case demand distribution under general concave objective functions, and apply it to derive tight lower bounds for the performance of chaining structures under the balanced systems (systems with the same number of plants and products). We also derive a simple lower bound for chaining-like structures under unbalanced systems with different plant capacities.

Full Text

Duke Authors

Cited Authors

  • Bidkhori, H; Simchi-Levi, D; Wei, Y

Published Date

  • May 1, 2016

Published In

Volume / Issue

  • 44 / 3

Start / End Page

  • 291 - 296

International Standard Serial Number (ISSN)

  • 0167-6377

Digital Object Identifier (DOI)

  • 10.1016/j.orl.2016.02.008

Citation Source

  • Scopus