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dc.contributor.authorBarut, Mehmet
dc.contributor.authorYildirim, Mehmet Bayram
dc.contributor.authorSridharan, V.
dc.identifier.citationBarut, Mehmet, Yildirim, Mehmet Bayram and V.Sridharan. 2015. Effectiveness of capacity rationing heuristics in make to order environment. International Journal of Advanced Operations Management; v.7(2): pp. 136–156en_US
dc.descriptionClick on the DOI link to access this article (may not be free)en_US
dc.description.abstractThis paper investigates the effectiveness of a dynamic capacity-rationing heuristic for order acceptance and rejection in a capacitated make-to-order manufacturing environment. The heuristics developed for managing capacity has been shown to work better than accepting orders on a first-come, first-served basis. However, realised effectiveness versus potential effectiveness with respect to optimum has not been investigated. Results of this study reveal that the rationing heuristic is very effective in yielding results in proximity of optimum solution when customer segments are very distinct or highly differentiated and when implied utilisation is very high. On the other hand, when the attractiveness of higher profitable customer segment diminishes and capacity is not tight there is a significant potential to improve the heuristic.en_US
dc.publisherInderscience Publishersen_US
dc.relation.ispartofseriesInternational Journal of Advanced Operations Management;
dc.relation.ispartofseries;v.7, issue 2
dc.subjectDecision analysisen_US
dc.subjectRisk assessment,en_US
dc.subjectCapacity rationingen_US
dc.subjectRevenue managementen_US
dc.subjectMTO manufacturingen_US
dc.subjectMake to orderen_US
dc.subjectCapacity managementen_US
dc.titleEffectiveness of capacity rationing heuristics in make to order environmenten_US
dc.rights.holderCopyright Inderscience Publishers, 2015en_US

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