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Author : Harry Kaplowitz
Publisher :
ISBN 13 :
Total Pages : 146 pages
Book Rating : 4.:/5 (244 download)
Download or read book An Analytical Approach to Multistage Inventory Systems written by Harry Kaplowitz and published by . This book was released on 1965 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kumar Satyam
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783845413570
Total Pages : 156 pages
Book Rating : 4.4/5 (135 download)
Download or read book Queuing Models for Multi-Product Pull Type Inventory Systems written by Kumar Satyam and published by LAP Lambert Academic Publishing. This book was released on 2011-07 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competitive pressures are forcing manufacturing companies to find new ways to provide a wide variety of products at reduced costs. Pull type material control strategies that make efficient use of available production capacities and optimize inventories could be very useful in improving factory operations. However, there is aneed for analytical tools that precisely model the operating characteristics of multi-product pull systems. Such models should not only provide reasonably accurate performance estimates butalso be amenable to rapid analysis of performance tradeoffs. This book presents an analytical approach to solve multi-product systems with pull type material control strategies. A state of the art queuing theory based approach to solve analytical models for multi-product pull systems is being discussed. A parametric decomposition based approach is used to analyze multi-product pull systems under different settings such as batch size constraints, multi-stage production, finite demand and raw material. The approach presented in this book has been found to be reasonably accurate even in realistic settings.
Author : Aristide C. E. Achy-Brou
Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (481 download)
Download or read book A New Approach to Multistage Serial Inventory Systems written by Aristide C. E. Achy-Brou and published by . This book was released on 2001 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Craig C. Sherbrooke
Publisher : Springer Science & Business Media
ISBN 13 : 140207865X
Total Pages : 350 pages
Book Rating : 4.4/5 (2 download)
Download or read book Optimal Inventory Modeling of Systems written by Craig C. Sherbrooke and published by Springer Science & Business Media. This book was released on 2006-04-11 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most books on inventory theory use the item approach to determine stock levels, ignoring the impact of unit cost, echelon location, and hardware indenture. Optimal Inventory Modeling of Systems is the first book to take the system approach to inventory modeling. The result has been dramatic reductions in the resources to operate many systems - fleets of aircraft, ships, telecommunications networks, electric utilities, and the space station. Although only four chapters and appendices are totally new in this edition, extensive revisions have been made in all chapters, adding numerous worked-out examples. Many new applications have been added including commercial airlines, experience gained during Desert Storm, and adoption of the Windows interface as a standard for personal computer models.
Author : Jing-Sheng J. Song
Publisher : Edward Elgar Publishing
ISBN 13 : 180037710X
Total Pages : 565 pages
Book Rating : 4.8/5 (3 download)
Download or read book Research Handbook on Inventory Management written by Jing-Sheng J. Song and published by Edward Elgar Publishing. This book was released on 2023-08-14 with total page 565 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive Handbook provides an overview of state-of-the-art research on quantitative models for inventory management. Despite over half a century’s progress, inventory management remains a challenge, as evidenced by the recent Covid-19 pandemic. With an expanse of world-renowned inventory scholars from major international research universities, this Handbook explores key areas including mathematical modelling, the interplay of inventory decisions and other business decisions and the unique challenges posed to multiple industries.
Author : Adedeji B. Badiru
Publisher : CRC Press
ISBN 13 : 146651504X
Total Pages : 1480 pages
Book Rating : 4.4/5 (665 download)
Download or read book Handbook of Industrial and Systems Engineering, Second Edition written by Adedeji B. Badiru and published by CRC Press. This book was released on 2013-10-11 with total page 1480 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new edition of a bestselling industrial and systems engineering reference, Handbook of Industrial and Systems Engineering, Second Edition provides students, researchers, and practitioners with easy access to a wide range of industrial engineering tools and techniques in a concise format. This edition expands the breadth and depth of coverage, emphasizing new systems engineering tools, techniques, and models. See What’s New in the Second Edition: Section covering safety, reliability, and quality Section on operations research, queuing, logistics, and scheduling Expanded appendix to include conversion factors and engineering, systems, and statistical formulae Topics such as control charts, engineering economy, health operational efficiency, healthcare systems, human systems integration, Lean systems, logistics transportation, manufacturing systems, material handling systems, process view of work, and Six Sigma techniques The premise of the handbook remains: to expand the breadth and depth of coverage beyond the traditional handbooks on industrial engineering. The book begins with a general introduction with specific reference to the origin of industrial engineering and the ties to the Industrial Revolution. It covers the fundamentals of industrial engineering and the fundamentals of systems engineering. Building on this foundation, it presents chapters on manufacturing, production systems, and ergonomics, then goes on to discuss economic and financial analysis, management, information engineering, and decision making. Two new sections examine safety, reliability, quality, operations research, queuing, logistics, and scheduling. The book provides an updated collation of the body of knowledge of industrial and systems engineering. The handbook has been substantively expanded from the 36 seminal chapters in the first edition to 56 landmark chapters in the second edition. In addition to the 20 new chapters, 11 of the chapters in the first edition have been updated with new materials. Filling the gap that exists between the traditional and modern practice of industrial and systems engineering, the handbook provides a one-stop resource for teaching, research, and practice.
Author : Horst Tempelmeier
Publisher : BoD – Books on Demand
ISBN 13 : 375193071X
Total Pages : 290 pages
Book Rating : 4.7/5 (519 download)
Download or read book Inventory Analytics written by Horst Tempelmeier and published by BoD – Books on Demand. This book was released on 2020-06-02 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : John A. Muckstadt
Publisher : Springer Science & Business Media
ISBN 13 : 0387689486
Total Pages : 339 pages
Book Rating : 4.3/5 (876 download)
Download or read book Principles of Inventory Management written by John A. Muckstadt and published by Springer Science & Business Media. This book was released on 2010-03-20 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile material, Federal Reserve banks, or even your own household. This textbook examines basic mathematical techniques used to sufficiently manage inventories by using various computational methods and mathematical models. The text is presented in a way such that each section can be read independently, and so the order in which the reader approaches the book can be inconsequential. It contains both deterministic and stochastic models along with algorithms that can be employed to find solutions to a variety of inventory control problems. With exercises at the end of each chapter and a clear, systematic exposition, this textbook will appeal to advanced undergraduate and first-year graduate students in operations research, industrial engineering, and quantitative MBA programs. It also serves as a reference for professionals in both industry and government worlds. The prerequisite courses include introductory optimization methods, probability theory (non-measure theoretic), and stochastic processes.
Author : Nita H. Shah
Publisher : Springer Nature
ISBN 13 : 9811396981
Total Pages : 470 pages
Book Rating : 4.8/5 (113 download)
Download or read book Optimization and Inventory Management written by Nita H. Shah and published by Springer Nature. This book was released on 2019-08-31 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.
Author : Raúl León
Publisher : Springer
ISBN 13 : 3319405063
Total Pages : 213 pages
Book Rating : 4.3/5 (194 download)
Download or read book Modeling and Simulation in Engineering, Economics and Management written by Raúl León and published by Springer. This book was released on 2016-06-25 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the refereed proceedings of the International Conference on Modeling and Simulation in Engineering, Economics and Management, MS 2016, held in Teruel, Spain, in July 2016. The event was co-organized by the AMSE Association and the University of Zaragoza through the GESES Research Group, with the support of the SoGReS-MF Research Group from University Jaume I. This edition of the conference paid special attention to modeling and simulation in diverse fields of business management. The 20 papers in this book were carefully reviewed and selected from 52 submissions. They are organized in topical sections on modeling and simulation in finance and accounting; modeling and simulation in business management and economy; and engineering and other general applications. /div
Author : Suman Nirajan
Publisher :
ISBN 13 :
Total Pages : 319 pages
Book Rating : 4.:/5 (1 download)
Download or read book A Study of Multi-echelon Inventory Systems with Sochastic Capacity and Intermediate Product Demand written by Suman Nirajan and published by . This book was released on 2008 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research in this dissertation involves the study of several multi-echelon inventory systems with stochastic capacity and intermediate product demand. Specifically we analyze the behavior of the system which consists of several intermediate product demands. The analysis is primarily three fold i) developed update (relational) equations for all the multi-echelon inventory systems under several inventory allocation policies, ii) develop two simulation optimization approaches 1) OptQuest framework, and 2) IPA (Infinitesimal Perturbation Analysis) framework, used to minimize the total cost of the inventory systems that satisfy the desired customer service level, iii) obtain numerical results for all the multi-echelon inventory systems under several scenarios and instances, and an extensive analysis and implications of the results. The research done in this dissertation differ from earlier works, since it considers a complex (combination of serial and assembly systems) multi-period multi-echelon inventory system with several sources of demand (specifically intermediate product demands). We obtain the best found base-stock levels for each node in the system that satisfies the required customer service level. A SIO (Simulation based Inventory Optimization) approach is used to obtain the best found base-stock level for the system under several inventory allocation policies. We consider a system which is closer to the actual world and can be used to solve contemporary issues like, 1) manufacturing firm that produces finished products as well as spare parts, 2) manufacturer-warehouse-distribution center-retail outlets etc. I am not aware of any work that studies the impact of inventory allocation polices for multi-period in a multi-echelon inventory system, and obtains best found base stock level for each node using an IPA framework. Moreover the best found base-stock level for each node is obtained under realistic conditions like stochastic demand, stochastic capacity, and lead time.
Author : Duc T. Pham
Publisher : Elsevier
ISBN 13 : 0080462510
Total Pages : 691 pages
Book Rating : 4.0/5 (84 download)
Download or read book Intelligent Production Machines and Systems - First I*PROMS Virtual Conference written by Duc T. Pham and published by Elsevier. This book was released on 2005-12-09 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2005 Virtual International Conference on IPROMS took place on the Internet between 4 and 15 July 2005. IPROMS 2005 was an outstanding success. During the Conference, some 4168 registered delegates and guests from 71 countries participated in the Conference, making it a truly global phenomenon. This book contains the Proceedings of IPROMS 2005. The 107 peer-reviewed technical papers presented at the Conference have been grouped into twelve sections, the last three featuring contributions selected for IPROMS 2005 by Special Sessions chairmen: - Collaborative and Responsive Manufacturing Systems- Concurrent Engineering- E-manufacturing, E-business and Virtual Enterprises- Intelligent Automation Systems- Intelligent Decision Support Systems- Intelligent Design Systems- Intelligent Planning and Scheduling Systems- Mechatronics- Reconfigurable Manufacturing Systems- Tangible Acoustic Interfaces (Tai Chi)- Innovative Production Machines and Systems- Intelligent and Competitive Manufacturing Engineering
Author : John A. Muckstadt
Publisher : Springer Science & Business Media
ISBN 13 : 0387272887
Total Pages : 290 pages
Book Rating : 4.3/5 (872 download)
Download or read book Analysis and Algorithms for Service Parts Supply Chains written by John A. Muckstadt and published by Springer Science & Business Media. This book was released on 2006-12-26 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Provides a broad overview of modeling approaches and solution methodologies for addressing inventory problems, particularly the management of high cost, low demand rate service parts found in multi-echelon settings * The text may be used in a variety of courses for first-year graduate students or senior undergraduates, or as a reference for researchers and practitioners * A background in stochastic processes and optimization is assumed
Author : Mohamad Y. Jaber
Publisher : CRC Press
ISBN 13 : 1420079980
Total Pages : 246 pages
Book Rating : 4.4/5 (2 download)
Download or read book Inventory Management written by Mohamad Y. Jaber and published by CRC Press. This book was released on 2009-08-11 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: As markets become more dynamic and competitive, companies must reconsider how they view inventory and make changes to their production and inventory systems. They must begin to think outside the classical box and develop a new paradigm of inventory management. Exploring the trend away from classical models based on economic order quantities to depe
Author : Leroy B. Schwarz
Publisher : North Holland
ISBN 13 :
Total Pages : 416 pages
Book Rating : 4.3/5 (97 download)
Download or read book Multi-level Production/inventory Control Systems written by Leroy B. Schwarz and published by North Holland. This book was released on 1981 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : George Liberopoulos
Publisher : Springer Science & Business Media
ISBN 13 : 3540290575
Total Pages : 363 pages
Book Rating : 4.5/5 (42 download)
Download or read book Stochastic Modeling of Manufacturing Systems written by George Liberopoulos and published by Springer Science & Business Media. This book was released on 2005-12-12 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : Tayfur Altiok
Publisher : Springer Science & Business Media
ISBN 13 : 1461219248
Total Pages : 366 pages
Book Rating : 4.4/5 (612 download)
Download or read book Performance Analysis of Manufacturing Systems written by Tayfur Altiok and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing industries are devoted to producing high-quality products in the most economical and timely manner. Quality, economics, and time not only indicate the customer-satisfaction level, but also measure the manufacturing per formance of a company. Today's manufacturing environments are becoming more and more complex, flexible, and information-intensive. Companies invest into the information technologies such as computers, communication networks, sensors, actuators, and other equipment that give them an abundance of information about their materials and resources. In the face of global competition, a manufacturing company's survival is becoming more dependent on how best this influx of in formation is utilized. Consequently, there evolves a great need for sophisticated tools of performance analysis that use this information to help decision makers in choosing the right course of action. These tools will have the capability of data analysis, modeling, computer simulation, and optimization for use in designing products and processes. International competition also has had its impact on manufacturing education and the government's support of it in the US. We see more courses offered in this area in industrial engineering and manufacturing systems engineering departments, operations research programs, and business schools. In fact, we see an increasing number of manufacturing systems engineering departments and manufacturing research centers in universities not only in the US but also in Europe, Japan, and many developing countries.
