Identifying parameters of a broaching design using non-linear optimisation

Broaching is one of the most recognised machining processes that can yield high productivity and high quality when applied properly. One big disadvantage of broaching is that all process parameters, except cutting speed, are built into the broaching tools. Therefore, it is not possible to modify the cutting conditions during the process once the tool is manufactured. Optimal design of broaching tools has a significant impact to increase the productivity and to obtain high quality products. In this paper, an optimisation model for broaching design is presented. The model results in a non-linear non-convex optimisation problem. Analysis of the model structure indicates that the model can be decomposed into smaller problems. The model is applied to a turbine disc broaching problem which is considered as one of the most complex broaching operations

Reverse bullwhip effect in pricing

Price variability is one of the major causes of the bullwhip effect. This paper analyzes the impact of procurement price variability in the upstream of a supply chain on the downstream retail prices. Procurement prices may fluctuate over time, for example, when the supply chain players deploy auction type procurement mechanisms, or if the prices are dictated in market exchanges. A game theory framework is used here to model a serial supply chain. Sequential price game scenarios are investigated to show that there is an increase in retail price variability and an amplified reverse bullwhip effect on prices (RBP) under certain demand conditions.Pricing Bullwhip effect Supply chain management Game theory