Management of Stochastic Demand in Make-to-Stock Manufacturing

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Author :
Publisher : Peter Lang
ISBN 13 : 9783631594094
Total Pages : 138 pages
Book Rating : 4.5/5 (94 download)

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Book Synopsis Management of Stochastic Demand in Make-to-Stock Manufacturing by : Rainer Quante

Download or read book Management of Stochastic Demand in Make-to-Stock Manufacturing written by Rainer Quante and published by Peter Lang. This book was released on 2009 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it is often done today requires more sophisticated approaches explicitly considering stochastic influences. This book reviews current literature, presents a framework that addresses revenue management and demand fulfillment at once and introduces new stochastic approaches for demand fulfillment in make-to-stock manufacturing based on the ideas of the revenue management literature.

Inventory Management and Production Planning Under Stochastic Demand and Production Capacity Processes in the Paper Industry

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Publisher :
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Inventory Management and Production Planning Under Stochastic Demand and Production Capacity Processes in the Paper Industry by : Hu Liu

Download or read book Inventory Management and Production Planning Under Stochastic Demand and Production Capacity Processes in the Paper Industry written by Hu Liu and published by . This book was released on 2003 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Simultaneous Production and Capacity Management Under Stochastic Demand for Produced to Stock Goods

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Author :
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.:/5 (85 download)

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Book Synopsis Simultaneous Production and Capacity Management Under Stochastic Demand for Produced to Stock Goods by : Alexander Angelus

Download or read book Simultaneous Production and Capacity Management Under Stochastic Demand for Produced to Stock Goods written by Alexander Angelus and published by . This book was released on 2000 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Stochastic Demand Forecast and Inventory Management of a Seasonal Product a Supply Chain System

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (232 download)

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Book Synopsis Stochastic Demand Forecast and Inventory Management of a Seasonal Product a Supply Chain System by : Mohammad Anwar Ashek Rahman

Download or read book Stochastic Demand Forecast and Inventory Management of a Seasonal Product a Supply Chain System written by Mohammad Anwar Ashek Rahman and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Risk and Safety Stock Management in Production Planning and Inventory Control with Stochastic Demand and Yield

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Author :
Publisher :
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4.:/5 (179 download)

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Book Synopsis Risk and Safety Stock Management in Production Planning and Inventory Control with Stochastic Demand and Yield by : Karl Inderfurth

Download or read book Risk and Safety Stock Management in Production Planning and Inventory Control with Stochastic Demand and Yield written by Karl Inderfurth and published by . This book was released on 2005 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Demand Forecasting and Inventory Control

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Author :
Publisher : Routledge
ISBN 13 : 113634683X
Total Pages : 172 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis Demand Forecasting and Inventory Control by : Colin Lewis

Download or read book Demand Forecasting and Inventory Control written by Colin Lewis and published by Routledge. This book was released on 2012-05-23 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This practical book covers the forecasting- and inventory control methods used in commercial, retail and manufacturing companies. Colin Lewis explains the theory and practice of current demand forecasting methods, the links between forecasts produced as a result of analysing demand data and the various methods by which this information, together with cost information on stocked items, is used to establish the controlling parameters of the most commonly used inventory control systems. The demand forecasting section of the book concentrates on the family of short-term forecasting models based on the exponentially weighted average and its many variants and also a group of medium-term forecasting models based on a time series, curve fitting approach. The inventory control sections investigate the re-order level policy and re-order cycle policy and indicate how these two processes can be operated at minimum cost while offering a high level of customer service.

A Model of JIT Make-to-stock Inventory with Stochastic Demand /cRichard Ehrardt

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Author :
Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (548 download)

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Book Synopsis A Model of JIT Make-to-stock Inventory with Stochastic Demand /cRichard Ehrardt by : Richard Ehrhardt

Download or read book A Model of JIT Make-to-stock Inventory with Stochastic Demand /cRichard Ehrardt written by Richard Ehrhardt and published by . This book was released on 1995 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Capacity and Inventory Planning for Make-to-Order Production Systems

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3319008439
Total Pages : 150 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Capacity and Inventory Planning for Make-to-Order Production Systems by : Klaus Altendorfer

Download or read book Capacity and Inventory Planning for Make-to-Order Production Systems written by Klaus Altendorfer and published by Springer Science & Business Media. This book was released on 2013-07-31 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: ​The book presents different models for the simultaneous optimization problem of capacity investment and work release rule parameterization. The overall costs are minimized either including backorder costs or considering a service level constraint. The available literature is extended with the integration of a distributed customer required lead time in addition to the actual demand distribution. Furthermore, an endogenous production lead time is introduced. Different models for make-to-order production systems with one or multiple serial processing stages are developed. Capacity investment is linked to the processing rates of the machines or to the number of the machines. Results are equations for service level, tardiness, and FGI lead time in such a production system. For special cases with M/M/1 and M/M/s queues explicit solutions of the optimization problems or optimality conditions concerning capacity investment and work release rule parameterization are provided.

Concepts for Safety Stock Determination Under Stochastic Demand and Different Types of Random Production Yield

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Author :
Publisher :
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (724 download)

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Book Synopsis Concepts for Safety Stock Determination Under Stochastic Demand and Different Types of Random Production Yield by : Karl Inderfurth

Download or read book Concepts for Safety Stock Determination Under Stochastic Demand and Different Types of Random Production Yield written by Karl Inderfurth and published by . This book was released on 2011 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Foundations of Stochastic Inventory Theory

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Author :
Publisher : Stanford University Press
ISBN 13 : 9780804743990
Total Pages : 330 pages
Book Rating : 4.7/5 (439 download)

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Book Synopsis Foundations of Stochastic Inventory Theory by : Evan L. Porteus

Download or read book Foundations of Stochastic Inventory Theory written by Evan L. Porteus and published by Stanford University Press. This book was released on 2002 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book has a dual purpose?serving as an advanced textbook designed to prepare doctoral students to do research on the mathematical foundations of inventory theory, and as a reference work for those already engaged in such research. All chapters conclude with exercises that either solidify or extend the concepts introduced.

Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461503736
Total Pages : 413 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains by : J. George Shanthikumar

Download or read book Stochastic Modeling and Optimization of Manufacturing Systems and Supply Chains written by J. George Shanthikumar and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume originates from two workshops, both focusing on themes that are reflected in the title of the volume. The first workshop took place at Eindhoven University of Technology, April 24-26, 2001, on the occasion of the University granting a doctorate honoris causa to Profes sor John A. Buzacott. The second workshop was held on June 15, 2002 at Cornell University (preceding the annual INFORMSjMSOM Confer ence), honoring John's retirement and his lifetime contributions. Each of the two workshops consisted of about a dozen technical presentations. The objective of the volume, however, is not to simply publish the proceedings of the two workshops. Rather, our objective is to put to gether a select set of articles, each organized into a well-written chapter, focusing on a timely topic. Collected into a single volume, these chapters aim to serve as a useful reference for researchers and practitioners alike, and also as reading materials for graduate courses or seminars.

A Dynamic Model for Production Smoothing and Inventory Control with Stochastic Demand

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Author :
Publisher :
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.:/5 (633 download)

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Book Synopsis A Dynamic Model for Production Smoothing and Inventory Control with Stochastic Demand by : Shyam Lal Moondra

Download or read book A Dynamic Model for Production Smoothing and Inventory Control with Stochastic Demand written by Shyam Lal Moondra and published by . This book was released on 1980 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Stochastic Models of Production-inventory Systems

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Author :
Publisher :
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Stochastic Models of Production-inventory Systems by :

Download or read book Stochastic Models of Production-inventory Systems written by and published by . This book was released on 2004 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Perspectives on Operations Research

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Publisher : Springer Science & Business Media
ISBN 13 : 383509064X
Total Pages : 442 pages
Book Rating : 4.8/5 (35 download)

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Book Synopsis Perspectives on Operations Research by : Martin Morlock

Download or read book Perspectives on Operations Research written by Martin Morlock and published by Springer Science & Business Media. This book was released on 2007-10-31 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents state-of-the-art models, algorithms, and applications of quantitative methods in management and economics. The papers are clustered into four parts, focusing on optimization issues, applications of Operations Research in production and service management, applications of Operations Research in logistics, and interdisciplinary approaches.

Optimal Control and Optimization of Stochastic Supply Chain Systems

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1447147243
Total Pages : 282 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Optimal Control and Optimization of Stochastic Supply Chain Systems by : Dong-Ping Song

Download or read book Optimal Control and Optimization of Stochastic Supply Chain Systems written by Dong-Ping Song and published by Springer Science & Business Media. This book was released on 2012-11-29 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal Control and Optimization of Stochastic Supply Chain Systems examines its subject the context of the presence of a variety of uncertainties. Numerous examples with intuitive illustrations and tables are provided, to demonstrate the structural characteristics of the optimal control policies in various stochastic supply chains and to show how to make use of these characteristics to construct easy-to-operate sub-optimal policies. In Part I, a general introduction to stochastic supply chain systems is provided. Analytical models for various stochastic supply chain systems are formulated and analysed in Part II. In Part III the structural knowledge of the optimal control policies obtained in Part II is utilized to construct easy-to-operate sub-optimal control policies for various stochastic supply chain systems accordingly. Finally, Part IV discusses the optimisation of threshold-type control policies and their robustness. A key feature of the book is its tying together of the complex analytical models produced by the requirements of operational practice, and the simple solutions needed for implementation. The analytical models and theoretical analysis propounded in this monograph will be of benefit to academic researchers and graduate students looking at logistics and supply chain management from standpoints in operations research or industrial, manufacturing, or control engineering. The practical tools and solutions and the qualitative insights into the ideas underlying functional supply chain systems will be of similar use to readers from more industrially-based backgrounds.

Stochastic Modeling of Manufacturing Systems

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540290575
Total Pages : 363 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Stochastic Modeling of Manufacturing Systems by : George Liberopoulos

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.

Robust Inventory-production Control Problem with Stochastic Demand

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Author :
Publisher : Montréal : Groupe d'études et de recherche en analyse des décisions
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (389 download)

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Book Synopsis Robust Inventory-production Control Problem with Stochastic Demand by : A. Andijani

Download or read book Robust Inventory-production Control Problem with Stochastic Demand written by A. Andijani and published by Montréal : Groupe d'études et de recherche en analyse des décisions. This book was released on 1998 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: