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Inventory potential outcomes

Generating all scenarios for p potential products, each one with two outcomes, results in 2 scenarios. Each individual scenario is a fairly small deterministic problem. The demand and its associated probability for the different outcomes of each product are assumed to be known. If a product fails in the clinical trials, the demand is consequently zero over all remaining time periods. The multi-site investment strategy is common to ail possible scenarios present in the second stage. However, due to the different product demand patterns, every scenario has its own characteristic production, inventory and sales profile. The operational decisions reflect the scenario-dependant decisions made upon completion of the clinical trials and resolution of the uncertainty (wait-and-see) and they include timings of scale-up and qualifications runs (binary variables), allocation of products to manufacturing suites (binary variables), detailed production plans at each production site (continuous variables), inventory profiles (continuous variables), sales profiles at each sales region (continuous variables). [Pg.1099]


See other pages where Inventory potential outcomes is mentioned: [Pg.153]    [Pg.183]    [Pg.291]    [Pg.129]    [Pg.144]    [Pg.13]    [Pg.74]    [Pg.496]    [Pg.6]    [Pg.23]    [Pg.27]   
See also in sourсe #XX -- [ Pg.61 , Pg.62 ]




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Potential Outcomes

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