Stochastic Modelling in Production Planning

Stochastic Modelling in Production Planning PDF Author: Alexander Hübl
Publisher: Springer
ISBN: 3658191201
Category : Business & Economics
Languages : en
Pages : 147

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Book Description
Alexander Hübl develops models for production planning and analyzes performance indicators to investigate production system behaviour. He extends existing literature by considering the uncertainty of customer required lead time and processing times as well as by increasing the complexity of multi-machine multi-items production models. Results are on the one hand a decision support system for determining capacity and the further development of the production planning method Conwip. On the other hand, the author develops the JIT intensity and analytically proves the effects of dispatching rules on production lead time.

Stochastic Modelling in Production Planning

Stochastic Modelling in Production Planning PDF Author: Alexander Hübl
Publisher: Springer
ISBN: 3658191201
Category : Business & Economics
Languages : en
Pages : 147

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Book Description
Alexander Hübl develops models for production planning and analyzes performance indicators to investigate production system behaviour. He extends existing literature by considering the uncertainty of customer required lead time and processing times as well as by increasing the complexity of multi-machine multi-items production models. Results are on the one hand a decision support system for determining capacity and the further development of the production planning method Conwip. On the other hand, the author develops the JIT intensity and analytically proves the effects of dispatching rules on production lead time.

Deterministic Lotsizing Models for Production Planning

Deterministic Lotsizing Models for Production Planning PDF Author: Marc Salomon
Publisher: Springer Science & Business Media
ISBN: 3642516491
Category : Business & Economics
Languages : en
Pages : 162

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Book Description
This thesis deals with timing and sizing decisions for production lots, and more precisely, with mathematical models to support optimal tim ing and sizing decisions. These models are called lotsizing models. They are characterized by the fact that production lots are determined based on a trade-offbetween production costs and customer service. Production costs can be categorized as basic production costs, which consist of material costs, labour costs, machine startup costs and over head costs, and inventory related costs, which include costs of capital tied up in inventory, insurances and taxes. Customer service is the capability of the firm to deliver to their clients the products in the quantity they ordered at the agreed upon time and place. The costs of realizing a certain service level are usuaIly very dif ficult to convert into money. They include costs of expediting, loss of customer goodwill, and loss of sales revenues resulting from the short age situation.

An Introduction to Stochastic Modeling

An Introduction to Stochastic Modeling PDF Author: Howard M. Taylor
Publisher: Academic Press
ISBN: 1483269272
Category : Mathematics
Languages : en
Pages : 410

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Book Description
An Introduction to Stochastic Modeling provides information pertinent to the standard concepts and methods of stochastic modeling. This book presents the rich diversity of applications of stochastic processes in the sciences. Organized into nine chapters, this book begins with an overview of diverse types of stochastic models, which predicts a set of possible outcomes weighed by their likelihoods or probabilities. This text then provides exercises in the applications of simple stochastic analysis to appropriate problems. Other chapters consider the study of general functions of independent, identically distributed, nonnegative random variables representing the successive intervals between renewals. This book discusses as well the numerous examples of Markov branching processes that arise naturally in various scientific disciplines. The final chapter deals with queueing models, which aid the design process by predicting system performance. This book is a valuable resource for students of engineering and management science. Engineers will also find this book useful.

Optimization Models and Concepts in Production Management

Optimization Models and Concepts in Production Management PDF Author: Bradimaarte
Publisher: CRC Press
ISBN: 9782884490207
Category : Mathematics
Languages : en
Pages : 364

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Book Description
Optimization techniques in production management are becoming increasingly important for efficient and competitive manufacturing. This book presents a collection of tutorial papers by outstanding researchers on the application of optimization concepts. Topics introduced include hierarchical production planning and large scale scheduling, optimal production control, exact and heuristic algorithms for production scheduling and stochastic modelling.

Stochastic Programming: Applications In Finance, Energy, Planning And Logistics

Stochastic Programming: Applications In Finance, Energy, Planning And Logistics PDF Author: Horand I Gassmann
Publisher: World Scientific
ISBN: 9814407526
Category : Business & Economics
Languages : en
Pages : 549

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Book Description
This book shows the breadth and depth of stochastic programming applications. All the papers presented here involve optimization over the scenarios that represent possible future outcomes of the uncertainty problems. The applications, which were presented at the 12th International Conference on Stochastic Programming held in Halifax, Nova Scotia in August 2010, span the rich field of uses of these models. The finance papers discuss such diverse problems as longevity risk management of individual investors, personal financial planning, intertemporal surplus management, asset management with benchmarks, dynamic portfolio management, fixed income immunization and racetrack betting. The production and logistics papers discuss natural gas infrastructure design, farming Atlantic salmon, prevention of nuclear smuggling and sawmill planning. The energy papers involve electricity production planning, hydroelectric reservoir operations and power generation planning for liquid natural gas plants. Finally, two telecommunication papers discuss mobile network design and frequency assignment problems./a

Stochastic Modelling in Production Planning

Stochastic Modelling in Production Planning PDF Author: Alexander Hübl
Publisher: Springer Gabler
ISBN: 9783658191191
Category : Business & Economics
Languages : en
Pages : 139

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Book Description
Alexander Hübl develops models for production planning and analyzes performance indicators to investigate production system behaviour. He extends existing literature by considering the uncertainty of customer required lead time and processing times as well as by increasing the complexity of multi-machine multi-items production models. Results are on the one hand a decision support system for determining capacity and the further development of the production planning method Conwip. On the other hand, the author develops the JIT intensity and analytically proves the effects of dispatching rules on production lead time.

Stochastic Modeling of Manufacturing Systems

Stochastic Modeling of Manufacturing Systems PDF Author: George Liberopoulos
Publisher: Springer Science & Business Media
ISBN: 3540290575
Category : Business & Economics
Languages : en
Pages : 363

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Book Description
Manufacturing systems rarely perform exactly as expected and predicted. Unexpected events, such as order changes, equipment failures and product defects, affect the performance of the system and complicate decision-making. This volume is devoted to the development of analytical methods aiming at responding to variability in a way that limits its corrupting effects on system performance. The book includes fifteen novel chapters that mostly focus on the development and analysis of performance evaluation models of manufacturing systems using decomposition-based methods, Markovian and queuing analysis, simulation, and inventory control approaches. They are organized into four distinct sections to reflect their shared viewpoints: factory design, unreliable production lines, queuing network models, production planning and assembly.

Stochastic Modeling

Stochastic Modeling PDF Author:
Publisher:
ISBN: 9780981396811
Category : Actuarial science
Languages : en
Pages :

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Book Description


Introduction to Computational Optimization Models for Production Planning in a Supply Chain

Introduction to Computational Optimization Models for Production Planning in a Supply Chain PDF Author: Stefan Voß
Publisher: Springer Science & Business Media
ISBN: 3540247645
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
An easy-to-read introduction to the concepts associated with the creation of optimization models for production planning starts off this book. These concepts are then applied to well-known planning models, namely mrp and MRP II. From this foundation, fairly sophisticated models for supply chain management are developed. Another unique feature is that models are developed with an eye toward implementation. In fact, there is a chapter that provides explicit examples of implementation of the basic models using a variety of popular, commercially available modeling languages.

Purchasing and Supply Management

Purchasing and Supply Management PDF Author: Michiel Leenders
Publisher: McGraw-Hill Education
ISBN: 9780073377896
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
The Fourteenth Edition of Purchasing and Supply Management provides a comprehensive introduction to the purchasing and supply chain management field, supported by over 40 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. The text focuses on decision making throughout the supply chain. Based on the conviction that supply managers, in concert with suppliers and distributors, have to contribute to organizational goals and strategies, this edition continues to focus on how to make that mission a reality.