Timing and ordering decisions under single and dual product rollover strategies

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buir.advisorToptal, Ayşegül
dc.contributor.authorAras, Ahmet Korhan
dc.date.accessioned2016-01-08T18:24:17Z
dc.date.available2016-01-08T18:24:17Z
dc.date.issued2011
dc.departmentDepartment of Industrial Engineeringen_US
dc.descriptionAnkara : The Department of Industrial Engineering and the Graduate School of Engineering and Science of Bilkent University, 2011.en_US
dc.descriptionThesis (Master's) -- Bilkent University, 2011.en_US
dc.descriptionIncludes bibliographical references leaves 67-69.en_US
dc.description.abstractIn many industries, firms replace products that have been introduced to the market and that are in advanced stages of their life cycles. The process of introducing a new product and eventually displacing an old one is referred to as product rollover. In planning for new product introduction, it is very important that careful business decisions are made for phasing out the old product, as the related costs may be significant. In this thesis, we study the ordering and timing decisions of a supplier for successive generations of a product under two different strategies: single product rollover and dual product rollover. In both cases, we present models explicitly accounting for inventory holding costs, salvage value, lost sale cost, demand uncertainty of both the products and product cannibalization. We report the results of an extensive numerical study to investigate the structural properties of the expected profit function, and how the optimal timing and ordering decisions change under different settings.en_US
dc.description.degreeM.S.en_US
dc.description.statementofresponsibilityAras, Ahmet Korhanen_US
dc.format.extentxvi, 138 leavesen_US
dc.identifier.urihttp://hdl.handle.net/11693/15766
dc.language.isoEnglishen_US
dc.publisherBilkent Universityen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectproduct rolloveren_US
dc.subjecttimingen_US
dc.subjectcannibalizationen_US
dc.subject.lccTS170 .A73 2011en_US
dc.subject.lcshNew products--Planning.en_US
dc.subject.lcshProduct management.en_US
dc.subject.lcshInventory controlen_US
dc.subject.lcshProduction planning--Mathematical models.en_US
dc.subject.lcshStrategic planning.en_US
dc.subject.lcshRollovers (Finance)en_US
dc.subject.lcshSubstitute products.en_US
dc.titleTiming and ordering decisions under single and dual product rollover strategiesen_US
dc.typeThesisen_US

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