Access the full text.
Sign up today, get DeepDyve free for 14 days.
Y. Gerchak, M. J. Magazine, B. Gamble (1988)
Component commonality with service requirements, 34
A. Eynan, M. Rosenblatt (1997)
AN ANALYSIS OF PURCHASING COSTS AS THE NUMBER OF PRODUCTS‘ COMPONENTS IS REDUCEDProduction and Operations Management, 6
J. Mieghem (2003)
Commissioned Paper: Capacity Management, Investment, and Hedging: Review and Recent DevelopmentsManuf. Serv. Oper. Manag., 5
D. Collier (1984)
Reply-On Comment on Aggregate Safety Stock Levels and Component Part CommonalityManagement Science, 30
Y. Gerchak, M. Magazine, A. Gamble (1988)
Component Commonality with Service Level RequirementsManagement Science, 34
(2000)
An assemble-to-order system with component substitution
A. Dogramaci (1979)
Design of Common Components Considering Implications of Inventory Costs and ForecastingIie Transactions, 11
N. Rudi (2000a)
Dual sourcing: Combining make-to-stock and assemble-to-order
L. Thomas (1991)
Commonality Analysis Using Clustering MethodsOper. Res., 39
J. Mieghem (1998)
Investment Strategies for Flexible ResourcesManagement Science, 44
Jayashankar Swaminathan, S. Tayur (1998)
Managing broader product lines through delayed differentiation using vanilla boxesManagement Science, 44
Preyas Desai, S. Kekre, S. Radhakrishnan, K. Srinivasan (2001)
Special Issue on Design and Development: Product Differentiation and Commonality in Design: Balancing Revenue and Cost DriversManag. Sci., 47
Jing-Sheng Song (2002)
Order-Based Backorders and Their Implications in Multi-Item Inventory SystemsManag. Sci., 48
Ravi Anupindi, R. Akella (1993)
Diversification under supply uncertaintyManagement Science, 39
(2000)
Product design for component commonality and the effect of demand correlation
Mark Hillier (2000)
Component commonality in multiple-period, assemble-to-order systemsIIE Transactions, 32
U. Thonemann, M. Brandeau (2000)
Optimal Commonality in Component DesignOper. Res., 48
J. McClain, W. Maxwell, J. Muckstadt, L. Thomas, E. Weiss (1984)
Note-Comment on Aggregate Safety Stock Levels and Component Part CommonalityManagement Science, 30
N. Rudi (2001)
Some models of risk pooling
(2000)
Dual sourcing: Combining make-to-stock and assemble-to-order. Working paper
Mark Hillier (1999)
COMPONENT COMMONALITY IN A MULTIPLE-PERIOD INVENTORY MODEL WITH SERVICE LEVEL CONSTRAINTSInternational Journal of Production Research, 37
J. Mieghem, N. Rudi (2002)
Newsvendor Networks: Inventory Management and Capacity Investment with Discretionary ActivitiesINSEAD Working Paper Series
Jan Mieghem (2003)
Capacity Management, Investment, and Hedging: Review and Recent DevelopmentsMacroeconomics: Production & Investment eJournal
A. Eynan (1996)
The impact of demands' correlation on the effectiveness of component commonalityInternational Journal of Production Research, 34
Y. Gerchak, M. Henig (1989)
Component commonality in assemble-to-order systems: Models and propertiesNaval Research Logistics, 36
Ronald Tibben-Lembke, Y. Bassok (2005)
An inventory model for delayed customization: A hybrid approachEur. J. Oper. Res., 165
K. Baker, M. Magazine, H. Nuttle (1986)
The Effect of Commonality on Safety Stock in a Simple Inventory ModelManagement Science, 32
Yingdong Lu, Jing-Sheng Song (2005)
Order-Based Cost Optimization in Assemble-to-Order SystemsOper. Res., 53
D. Collier (1982)
Aggregate Safety Stock Levels and Component Part CommonalityManagement Science, 28
Y. Bassok, Ravi Anupindi, R. Akella (1999)
Single-Period Multiproduct Inventory Models with SubstitutionOper. Res., 47
P. Desai, S. Kekre, S. Radhakrishnan, K. Srinivasan (2001)
Product differentiation and commonality in design: Balancing revenue and cost drivers, 47
Jayashankar Swaminathan, S. Tayur (1999)
Managing design of assembly sequences for product lines that delay product differentiationIIE Transactions, 31
A. Eynan, M. Rosenblatt (1996)
Component commonality effects on inventory costsIie Transactions, 28
Jing-Sheng Song, Paul Zipkin (2003)
Supply Chain Operations: Assemble-to-Order Systems
Commonality strategies assemble different products from at least one common component and one other product-specific component. The distinguishing feature of commonality, i.e., the presence of dedicated components to be assembled with a common component, is shown to be mathematically inconsequential in the sense that the unified commonality problem for two products can be reduced to an equivalent substitution flexibility problem without those dedicated components. This significant simplification provides the first general, closed-form condition for commonality adoption and identifies its value drivers. Commonality is optimal even for perfectly correlated demands if products have sufficiently different margins. This introduces the "revenue-maximization option" of commonality as a second benefit that is independent of the traditional risk-pooling benefit. "Pure commonality" strategies are never optimal unless complexity costs are introduced. Dual sourcing, externalities, and operational hedging features of commonality are discussed.
Management Science – INFORMS
Published: Mar 5, 2004
Keywords: Keywords : component commonality ; assemble to order ; risk pooling ; flexibility ; substitution ; dual sourcing
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.