Analyzing process flexibility: A distribution-free approach with partial expectations
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Simchi-Levi_Analyzing process flexibility.pdf
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Author(s)
Bidkhori, Hoda
Simchi-Levi, David
Wei, Yehua
Date Issued
February 2016
Journal
Operations Research Letters
Publisher
Elsevier
Citation
Bidkhori, Hoda et al. “Analyzing Process Flexibility: A Distribution-Free Approach with Partial Expectations.” Operations Research Letters 44, 3 (May 2016): 291–296 © 2016 Elsevier B.V.
Version
Author's final manuscript
Abstract
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. Keywords:
Process flexibility; Distributionally-robust analysis; Chaining; Production system design
MIT Department
Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
Terms of Use
Creative Commons Attribution-NonCommercial-NoDerivs License
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DOI of Published Version
https://doi.org/10.1016/J.ORL.2016.02.008
