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Production And Inventory Management With Substitutions

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Production And Inventory Management With Substitutions

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Author : J. Christian Lang
language : en
Publisher:
Release Date : 2010

Production And Inventory Management With Substitutions written by J. Christian Lang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business categories.

This book addresses production and inventory management problems where products can be replaced by specified substitutes. Depending on the considered application, substitutions can potentially improve the service level, reduce required safety stocks and total setup costs and times, utilize cost variations of input products, and reduce the amount of wastage. The main focus is the development of graphical modeling approaches for substitution options and of production planning models based on these approaches using mathematical programming. In addition to single-level dynamic lot-sizing models with substitutions, models for multi-level production systems with flexible bills-of-materials and recipes are devised. Also, a simulation-based optimization approach for a multi-location inventory system with substitutions is developed.

Production And Inventory Management With Substitutions

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Author : J. Christian Lang
language : en
Publisher: Springer
Release Date : 2009-12-10

Production And Inventory Management With Substitutions written by J. Christian Lang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-10 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 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.

Production Inventory Management

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Author : Donald W. Fogarty
language : en
Publisher: Cengage Learning
Release Date : 1991

Production Inventory Management written by Donald W. Fogarty and has been published by Cengage Learning this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Gestion des stocks categories.

This book provides an excellent source for professionals preparing for professional certification examinations. This new edition has been significantly reorganizsed to reflect more closely the organisation of professional certification exams. Discussion follows the step-by-step decision-making process, including topics such as: establishment of management objectives, long-, medium-, and short-range planning, execution, and control. It also features increased emphasis on tactical and technological considerations.

World Class Production And Inventory Management

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Author : Darryl V. Landvater
language : en
Publisher: John Wiley & Sons
Release Date : 1997-07-31

World Class Production And Inventory Management written by Darryl V. Landvater and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-07-31 with Business & Economics categories.

Eine Pflichtlektüre für jeden, der für Distributions-, Produktions- und Lagerhaltungsmanagement verantwortlich ist! "Heiße Themen" wie Just-in-time-Planung, Master Production Scheduling und Kapazitätsplanung werden ausführlich diskutiert.