On the design of sparse but efficient structures in operations

• Main Authors: YAN, Zhenzhen, GAO, Sarah Yini, TEO, Chung Piaw
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Sparse and Efficient Operation; Sensitivity Analysis; Conic Program; Manufacturing Flexibility; Strong Duality; Operations and Supply Chain Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/5276; https://ink.library.smu.edu.sg/context/lkcsb_research/article/6275/viewcontent/On_the_Design_of_Sparse_but_Efficient_Structures_in_Operations_Nov.pdf
• Institution: Singapore Management University

It is widely believed that a little flexibility added at the right place can reap significant benefits for operations. Unfortunately, despite the extensive literature on this topic, we are not aware of any general methodology that can be used to guide managers in designing sparse (i.e., slightly fle...