Multi Stage Production Planning And Inventroy Control

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Multi Stage Production Planning And Inventory Control

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Author : Sven Axsäter
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Multi Stage Production Planning And Inventory Control written by Sven Axsäter and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

This paper treats a two-echelon inventory system. The higher echelon is a single location reffered to as the depot, which places orders for supply of a single com modity. The lower echelon consists of several points, called the retailers, which are supplied by shipments from the depot, and at which random demands for the item occur. Stocks are reviewed and decisions are made periodically. Orders and/or shipments may each require a fixed lead time before reaching their respective desti nations. Section II gives a short literature review of distribution research. Section III introduces the multi-echelon distribution system together with the underlying as sumptions and gives a description of how this problem can be viewed as a Markovian Decision Process. Section IV discusses the concept of cost modifications in a distribution context. Section V presents the test-examples together with their optimal solutions and also gives the characteristic properties of these optimal solutions. These properties then will be used in section VI to give adapted ver sions of various heuristics which were used in assembly experiments previously and which will be tested against the test-examples.

Production And Inventory Control Of A Multi Item Multi Stage Manufacturing System

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Author : Syed Zia Abbas Rizvi
language : en
Publisher:
Release Date : 2009

Production And Inventory Control Of A Multi Item Multi Stage Manufacturing System written by Syed Zia Abbas Rizvi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.

The project work presented in this thesis has proposed solutions related to the control of production and work-in-process inventory in a multi-item multi-stage manufacturing system. A suitable base-stock inventory control policy is recommended to ensure that the desired service levels are maintained between production stages and for the final customers. Concept of coupling the production lines though coupling-stock under suitable assumptions is then introduced to reduce the stock levels at certain consecutive production stages. A framework for demand seasonality and characteristic analysis is also established to enable the inventory control policy to respond to seasonal variations. Monte Carlo simulation was performed on a model of chain of production stages controlled under base-stock policy for the verification of results and to study the effects of stock-outs on base-stock levels. The results of simulation study showed that overall system performance is satisfactory and desired service levels were achieved. Simulation work was also carried out to validate the line coupling concept and its performance under certain conditions. A novel Kanban based visual management system design, which is aligned with the requirements of inventory control policy, along with the material transfer batch sizes between production stages is proposed to facilitate the implementation of inventory control policy. Furthermore, capacitated shipment planning approach is proposed and implemented in form of a spreadsheet-based interface to aid planning personnel in shipment planning under the constraints provided by the inventory control policy.

In Process Inventory Control In A Multi Stage Manufacturing Process Subject To Large Fluctuations In Lost Production

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Author : Thomas Quinn LeBrun
language : en
Publisher:
Release Date : 1959

In Process Inventory Control In A Multi Stage Manufacturing Process Subject To Large Fluctuations In Lost Production written by Thomas Quinn LeBrun and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1959 with categories.

Production And Inventory Management With Substitutions

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Author : J. Christian Lang
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-11-25

Production And Inventory Management With Substitutions written by J. Christian Lang and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-25 with Business & Economics categories.

Quantitativeapproachesforsolvingproductionplanningandinventorymanagement problems in industry have gained growing importance in the past years. Due to the increasinguse of AdvancedPlanningSystems, a widespreadpracticalapplicationof the sophisticated optimization models and algorithms developed by the Production Management and Operations Research community now seem within reach. The possibility that productscan be replaced by certain substitute productsexists in various application areas of production planning and inventory management. Substitutions can be useful for a number of reasons, among others to circ- vent production and supply bottlenecks and disruptions, increase the service level, reduce setup costs and times, and lower inventories and thereby decrease ca- tal lockup. Considering the current trend in industry towards shorter product life cycles and greater product variety, the importance of substitutions appears likely to grow. Closely related to substitutions are ?exible bills-of-materials and recipes in multi-level production systems. However, so far, the aspect of substitutions has not attracted much attention in academic literature. Existing lot-sizing models matching complex requirements of industrial optimization problems (e.g., constrained capacities, sequence-dependent setups, multiple resources) such as the Capacitated Lot-Sizing Problem with Sequence-Dependent Setups (CLSD) and the General Lot-Sizing and Scheduling Problem for Multiple Production Stages (GLSPMS) do not feature in substitution options.

Production Planning And Inventory Control

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Author : John F. Magee
language : en
Publisher:
Release Date : 1967

Production Planning And Inventory Control written by John F. Magee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1967 with Inventory control categories.

Production Planning Scheduling And Inventory Control

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Author : Douglas C. Montgomery
language : en
Publisher:
Release Date : 1974

Production Planning Scheduling And Inventory Control written by Douglas C. Montgomery and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Inventory control categories.

Multi Level Lot Sizing And Scheduling

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Author : Alf Kimms
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Multi Level Lot Sizing And Scheduling written by Alf Kimms and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

This book is the outcome of my research in the field of multi levellot sizing and scheduling which started in May 1993 at the Christian-Albrechts-University of Kiel (Germany). During this time I discovered more and more interesting aspects ab out this subject and I had to learn that not every promising idea can be thoroughly evaluated by one person alone. Nevertheless, I am now in the position to present some results which are supposed to be useful for future endeavors. Since April 1995 the work was done with partial support from the research project no. Dr 170/4-1 from the "Deutsche For schungsgemeinschaft" (D FG). The remaining space in this preface shaH be dedicated to those who gave me valuable support: First, let me express my deep gratitude towards my thesis ad visor Prof. Dr. Andreas Drexl. He certainly is a very outstanding advisor. Without his steady suggestions, this work would not have come that far. Despite his scarce time capacities, he never rejected proof-reading draft versions of working papers, and he was always willing to discuss new ideas - the good as weH as the bad ones. He and Prof. Dr. Gerd Hansen refereed this thesis. I am in debted to both for their assessment. I am also owing something to Dr. Knut Haase. Since we al most never had the same opinion when discussing certain lot sizing aspects, his comments and criticism gave stimulating input.

Production Planning Of Capacitated Multi Stage Discrete Manufacturing Systems

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Author : Martin Kasper
language : en
Publisher:
Release Date : 1983

Production Planning Of Capacitated Multi Stage Discrete Manufacturing Systems written by Martin Kasper and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with categories.

Inventory Control

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Author : Sven Axsäter
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-04-17

Inventory Control written by Sven Axsäter and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-17 with Business & Economics categories.

Modem information technology has created new possibilities for more sophisticated and efficient control of supply chains. Most organizations can reduce their material flow costs substantially. Inventory control techniques are very important components in this development process. A thorough understanding of relevant inventory models is a prerequisite for successful implementation. I hope that this book will be a useful tool in acquiring such an understanding. Nearly ten years ago I wrote a Swedish book on inventory control. This previous book has been used in courses in production and inventory control at several Swed ish engineering schools and has also been appreciated by many practitioners in the field. Positive reactions from many readers have occasionally made me contemplate writing a new book in English on the same subject. Encouraging support of this idea from the Kluwer Editors Fred Hillier and Gary Folven finally convinced me to go ahead with the project. The result is this new book, which in many ways differs from its Swedish prede cessor. Some differences are due to recent developments in inventory control. Fur thermore, this new book is in a sense more theoretical. In particular, it is to a larger extent focused on creating a good basic understanding of different possible ap proaches when analyzing inventory models.

Operations Research In Production Planning Scheduling And Inventory Control

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Author : Lynwood A. Johnson
language : en
Publisher:
Release Date : 1974

Operations Research In Production Planning Scheduling And Inventory Control written by Lynwood A. Johnson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Business & Economics categories.

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