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OPTIMAL SCHEDULING OF PURCHASING ORDERS FOR LARGE PROJECTS

Ronen, Boaz et al.
NYU Faculty Digital Archive · Papers
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multidisciplinary
The completion of a typical project hinges upon receiving all the purchased components by the time they are scheduled to be used. Some of these components may have long stochastic lead times, so the project manager is tempted to order them ASAP, to avoid the (usual) high penalties associated with
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