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Author: Sven Axsäter
Publisher: Springer Science & Business Media
ISBN: 3642516939
Category : Business & Economics
Languages : en
Pages : 270
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Book Description
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.
Author: Sven Axsäter
Publisher: Springer Science & Business Media
ISBN: 3642516939
Category : Business & Economics
Languages : en
Pages : 270
Get Book Here
Book Description
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.
Author: S.C. Graves
Publisher: Elsevier
ISBN: 9780444874726
Category : Business & Economics
Languages : en
Pages : 780
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Book Description
Handbook
Author: Biswajit Sarkar
Publisher: MDPI
ISBN: 303928522X
Category : Technology & Engineering
Languages : en
Pages : 618
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Book Description
The evolution of industrial development since the 18th century is now experiencing the fourth industrial revolution. The effect of the development has propagated into almost every sector of the industry. From inventory to the circular economy, the effectiveness of technology has been fruitful for industry. The recent trends in research, with new ideas and methodologies, are included in this book. Several new ideas and business strategies are developed in the area of the supply chain management, logistics, optimization, and forecasting for the improvement of the economy of the society and the environment. The proposed technologies and ideas are either novel or help modify several other new ideas. Different real life problems with different dimensions are discussed in the book so that readers may connect with the recent issues in society and industry. The collection of the articles provides a glimpse into the new research trends in technology, business, and the environment.
Author: Sven Axsäter
Publisher: Springer Science & Business Media
ISBN: 1475756062
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
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.
Author: Edward A. Silver
Publisher: CRC Press
ISBN: 1466558628
Category : Business & Economics
Languages : en
Pages : 810
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Book Description
Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.
Author: Gang Yu
Publisher: World Scientific
ISBN: 9812561706
Category : Business & Economics
Languages : en
Pages : 313
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Book Description
This pioneering book addresses the latest research findings and application results on disruption management, which is the study of how to dynamically recover a predetermined operational plan when various disruptions prevent the original plan from being executed smoothly.
Author: A. Raouf
Publisher: Elsevier
ISBN: 0080531695
Category : Technology & Engineering
Languages : en
Pages : 325
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Book Description
Flexible Manufacturing Systems (FMS) involve substituting machines capable of performing a wide and redefinable variety of tasks for machines dedicated to the performance of specific tasks. FMS can also be programmed to handle new products, thus extending the machines' life cycles. Thus they represent a change from "standardized goods produced by customized machines" to "customized goods produced by standardized machines". This volume contains new and updated material in this field, and will be of great interest to researchers, managers and students concerned with problems related to flexible manufacturing systems.
Author: Wade H. Shafer
Publisher: Springer Science & Business Media
ISBN: 147575776X
Category : Science
Languages : en
Pages : 299
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Book Description
Masters Theses in the Pure and Applied Sciences was first conceived, published, and dis seminated by the Center for Information and Numerical Data Analysis and Synthesis, (CINDAS) *at Purdue University in 1957, starting its coverage of theses with the academic year 1955. Beginning with Volume 13, the printing and dissemination phases of the ac tivity was transferred to University Microfilms/Xerox of Ann Arbor, Michigan, with the thought that such an arrangement would be more beneficial to the academic and general scientific and technical community. After five years of this joint undertaking we had concluded that it was in the interest of all concerned if the printing and distribution of the volume were handled by an international publishing house to assure improved service and broader dissemination. Hence, starting with Volume 18, Masters Theses in the Pure and Applied Sciences has been disseminated on a worldwide basis by Plenum Publishing Corporation of New York, and in the same year the coverage was broadened to include Canadian universities. All back issues can also be ordered from Plenum. We have reported in Volume 19 (thesis year 1974) a total of 10,045 theses titles from 20 Canadian and 209 United States universities. We are sure that this broader base for theses titles reported will greatly enhance the value of this important annual reference work. The organization of Volume 19 is identical to that of past years. It consists of theses titles arranged by discipline and by university within each discipline.
Author: David Bennett
Publisher: Springer Science & Business Media
ISBN: 1447119045
Category : Business & Economics
Languages : en
Pages : 469
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Book Description
There is now a widely accepted view among manufacturing and service organisations that 'operations' can provide the means of achieving competitive edge. The OMA-UK Sixth International Conference has taken this view as its theme and focuses in particular on how technology and people can be used to improve manufacturing and service competitiveness. These proceedings have been organised according to the topics addressed within the overall conference theme and generally fall within three broad areas: technology-based topics, human resource-based topics and general topics. The technology-based topics are: Materials Control, Supply Chain Management and Logistics Flexibility in Operations Systems Computer-Aided Management of Operations Design, Process Planning and 'Time to Market' Factors Application of KBS, Expert Systems and Modelling Production Planning and Control The human resource-based topics are: Work Organisation Human Factors Managing the Implementation of Technology Managing the Quality Improvement Process Education Training and Development Employee Participation and Involvement The general topics are: Operations Strategy International Comparisons and Country-based Papers Performance and Productivity Measurement and Improvement A particular feature of all the papers is that they emphasise the application of techniques, technologies and concepts rather than concentrating on specific functional description. The authors are drawn from around 14 countries and represent both the academic and industrial communities. Many are involved in the 'mainstream' of operations management while a number are from other disciplines relevant to the conference theme, such as industrial engineering and organisational behaviour.
Author: Horst Tempelmeier
Publisher: BoD – Books on Demand
ISBN: 375193071X
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
This textbook provides a practice-oriented introduction into Analytics-based inventory management in complex supply chains. In the context of Business Analytics, we concentrate on Prescriptive Analytics. In addition to standard single-level inventory models also multi-level approaches for the optimal allocation of safety inventory are presented. Moreover, dynamic lot sizing problems under random demand and random yield and their relationship to Material Requirements Planning (MRP) are discussed.The models and algorithms are illustrated with the help of numerous examples. The book has been written for students of Supply Chain Management and Operations Management as well as for practitioners who are confronted with inventory management in their daily work.
