Multiproduct Inventory Models with Set-up Cost

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ISBN 13 :
Total Pages : 290 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Multiproduct Inventory Models with Set-up Cost by : Alan Clement Wheeler

Download or read book Multiproduct Inventory Models with Set-up Cost written by Alan Clement Wheeler and published by . This book was released on 1967 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multiproduct Inventory Models with Set-up

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ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Multiproduct Inventory Models with Set-up by : Stanford University. Department of Operations Research

Download or read book Multiproduct Inventory Models with Set-up written by Stanford University. Department of Operations Research and published by . This book was released on 1968 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report presents a mathematical model of an inventory problem frequently encountered in practice and studies the nature of the best ordering policy to use for it. At the beginning of each of a sequence of periods an inventory manager must decide whether or not to place an order and, if so, how much of which products. His order is filled immediately and then during the period a random demand draws upon his inventory until at the beginning of the next period he makes another ordering decision. When he orders, a unit cost for each item and a set-up cost for the order are charged. The set-up cost is thus independent of the size of the order and may represent the price of such things as paperwork, tooling up for a production run, or construction of facilities. On the basis of the inventory levels at the end of a period an inventory cost is charged. This represents a holding cost for those products still in stock and a penalty cost for those whose supply is depleted. Since the actual demand is not known but random, the inventory manager does not have full control over the costs he will be charged. It is assumed, however, that he can obtain his expected costs by averaging over the random demands, and his aim then is to use an ordering policy which minimizes his expected costs. As the mathematical inventory literature is quite large it is important to emphasize four distinctive features of the model in this report: periodic review, random demand, set-up costs, and interdependence of product costs. The present study is the most general one known by the author to combine all four attributes.

Multiproduct Inventory Models with Substitution

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (61 download)

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Book Synopsis Multiproduct Inventory Models with Substitution by : Yehuda Bassok

Download or read book Multiproduct Inventory Models with Substitution written by Yehuda Bassok and published by . This book was released on 1991 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Stochastic Multi-Product Inventory Models with Limited Storage

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ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Stochastic Multi-Product Inventory Models with Limited Storage by : Dirk Beyer

Download or read book Stochastic Multi-Product Inventory Models with Limited Storage written by Dirk Beyer and published by . This book was released on 2009 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies multiproduct inventory models with stochastic demands and a warehousing constraint. Finite horizon as well as stationary and nonstationary discounted-cost infinite-horizon problems are addressed. Existence of optimal feedback policies is established under fairly general assumptions. Furthermore, the structure of the optimal policies is analyzed when the ordering cost is linear and the inventory/backlog cost is convex. The optimal policies generalize the base-stock policies in the single-product case. Finally, in the stationary infinite-horizon case, a myopic policy is proved to be optimal if the product demands are independent and the cost functions are separable.

Naval Research Logistics Quarterly

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Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.U/5 (183 download)

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Book Synopsis Naval Research Logistics Quarterly by :

Download or read book Naval Research Logistics Quarterly written by and published by . This book was released on 1974 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Dynamic Multi-product Multi-facility Production and Inventory Model

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Publisher :
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.:/5 (188 download)

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Book Synopsis A Dynamic Multi-product Multi-facility Production and Inventory Model by : Willard I. Zangwill

Download or read book A Dynamic Multi-product Multi-facility Production and Inventory Model written by Willard I. Zangwill and published by . This book was released on 1965 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a multi-product, multi-facility economic lot size model. Roughly speaking, economic lot size models deal with production and inventory situations in which the product demand is known in advance and in which the cost functions are concave. The objective of the model is to determine a production schedule, in terms of how much to produce and when, that minimizes overall cost. Another important aspect of the model is that it allows backlogging of unsatisfied demand. The backlogging analysis actually requires consideration of inventory cost functions which are not concave. To treat such situations the piecewise concave function was developed. Basically a piecewise concave function is the maximum of a collection of concave functions. Using the notion of piecewise concavity a small set of production schedules is determined that contains the minimum cost schedule. Dynamic programming algorithms are presented to efficiently calculate the minimum cost schedule for the 'series' and 'parallel' cases. (Author).

A Multiproduct, Multilevel Inventory Control System

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ISBN 13 :
Total Pages : 230 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis A Multiproduct, Multilevel Inventory Control System by : Richard L. Kugler

Download or read book A Multiproduct, Multilevel Inventory Control System written by Richard L. Kugler and published by . This book was released on 1969 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multiproduct Inventory Model with Dependent Demand

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (936 download)

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Book Synopsis Multiproduct Inventory Model with Dependent Demand by : Andreas Pfeifer

Download or read book Multiproduct Inventory Model with Dependent Demand written by Andreas Pfeifer and published by . This book was released on 1982 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inventory Models for Multi-Product Batch Production Systems

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Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659508028
Total Pages : 112 pages
Book Rating : 4.5/5 (8 download)

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Book Synopsis Inventory Models for Multi-Product Batch Production Systems by : Divya Seethapathy

Download or read book Inventory Models for Multi-Product Batch Production Systems written by Divya Seethapathy and published by LAP Lambert Academic Publishing. This book was released on 2014-07-15 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing product variety poses several challenges at the manufacturer's end in terms of inventory control. Many manufacturers incur increased inventory costs (raw material, in process and finished goods) to guarantee high quality of service to customers. Many companies seeking the right balance of product variety, flexibility and costs choose to manufacture products in a batch production mode. However, batch production systems involve complex trade-offs between productivity losses resulting from making too many small batches and the costs of tying up working capital in inventory as large batches. These trade-offs gets magnified as product variety increases. The objective of this research is to develop a simple analytical model for capacitated multi-product batch production systems that could be used to analyze the trade-offs involved in production inventory decisions and their impact on inventory holding costs, customer backorders, and service levels. The objective is to investigate the effect of system parameters such as product variety, production batch size on performance measures such as backorders and service levels.

A Study of Multiproduct, Determinitic Inventory Systems with Interactive Setup Costs

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ISBN 13 :
Total Pages : 174 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis A Study of Multiproduct, Determinitic Inventory Systems with Interactive Setup Costs by : Fred Morton Andres

Download or read book A Study of Multiproduct, Determinitic Inventory Systems with Interactive Setup Costs written by Fred Morton Andres and published by . This book was released on 1972 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Technical Note

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ISBN 13 :
Total Pages : 598 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Technical Note by :

Download or read book Technical Note written by and published by . This book was released on 1979 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inventory and Production Management in Supply Chains

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Publisher : CRC Press
ISBN 13 : 1466558628
Total Pages : 810 pages
Book Rating : 4.4/5 (665 download)

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Book Synopsis Inventory and Production Management in Supply Chains by : Edward A. Silver

Download or read book Inventory and Production Management in Supply Chains written by Edward A. Silver and published by CRC Press. This book was released on 2016-12-19 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

An Approach for Evaluating Interactions in a Multi-product Total Cost Inventory Model

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ISBN 13 :
Total Pages : 482 pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis An Approach for Evaluating Interactions in a Multi-product Total Cost Inventory Model by : Gerald Fay Saxton

Download or read book An Approach for Evaluating Interactions in a Multi-product Total Cost Inventory Model written by Gerald Fay Saxton and published by . This book was released on 1972 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multi-Level Lot Sizing and Scheduling

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Publisher : Springer Science & Business Media
ISBN 13 : 3642501621
Total Pages : 367 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Multi-Level Lot Sizing and Scheduling by : Alf Kimms

Download or read book Multi-Level Lot Sizing and Scheduling written by Alf Kimms and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the outcome of my research in the field of multi levellot sizing and scheduling which started in May 1993 at the Christian-Albrechts-University of Kiel (Germany). During this time I discovered more and more interesting aspects ab out this subject and I had to learn that not every promising idea can be thoroughly evaluated by one person alone. Nevertheless, I am now in the position to present some results which are supposed to be useful for future endeavors. Since April 1995 the work was done with partial support from the research project no. Dr 170/4-1 from the "Deutsche For schungsgemeinschaft" (D FG). The remaining space in this preface shaH be dedicated to those who gave me valuable support: First, let me express my deep gratitude towards my thesis ad visor Prof. Dr. Andreas Drexl. He certainly is a very outstanding advisor. Without his steady suggestions, this work would not have come that far. Despite his scarce time capacities, he never rejected proof-reading draft versions of working papers, and he was always willing to discuss new ideas - the good as weH as the bad ones. He and Prof. Dr. Gerd Hansen refereed this thesis. I am in debted to both for their assessment. I am also owing something to Dr. Knut Haase. Since we al most never had the same opinion when discussing certain lot sizing aspects, his comments and criticism gave stimulating input.

Biodiversity

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Publisher : Springer Science & Business Media
ISBN 13 : 9783540639497
Total Pages : 862 pages
Book Rating : 4.6/5 (394 download)

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Book Synopsis Biodiversity by : Wilhelm Barthlott

Download or read book Biodiversity written by Wilhelm Barthlott and published by Springer Science & Business Media. This book was released on 1998 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt: The preservation of biodiversity is an essential part of the global concept for sustainable development. Ecologically and socially acceptable management of biodiversity is a prerequisite for the preservation of the wealth and productivity of natural ecological systems, and maintainance of the cultural differences in the relationship between man and nature. The Agenda 21 adopted at the Rio Summit in 1992 calls for concerted action by governments, governmental and non-governmental organizations, and the scientific community for the preservation of biodiversity.

Financial Engineering, E-commerce and Supply Chain

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Publisher : Springer Science & Business Media
ISBN 13 : 1475752261
Total Pages : 403 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Financial Engineering, E-commerce and Supply Chain by : Panos M. Pardalos

Download or read book Financial Engineering, E-commerce and Supply Chain written by Panos M. Pardalos and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the fast growing elements of the Internet is electronic commerce, which refers to the use of electronic means to conduct business transactions within or across business entities. Nearly 80 percent of all Fortune 500 companies have been doing their core business through the Internet. Many issues, and societal implications of electronic commerce, are the subjects of recent research. A supply chain consists of all the entities and activities that enable the production, distribution, and delivery of products and services to consumers. Research in designing and managing supply chains has rapidly expanded during the last decade. In addition, increased and accessible computing power and modeling capabilities have spurred this growth, enabling researchers to simultaneously consider the many interrelated variables and decisions of a supply chain in a single tractable model.

A Survey of Stochastic Inventory Models with Fixed Costs

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis A Survey of Stochastic Inventory Models with Fixed Costs by : Sandun C. Perera

Download or read book A Survey of Stochastic Inventory Models with Fixed Costs written by Sandun C. Perera and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fixed costs of ordering items or setting up a process arise in many real-life scenarios. In their presence, the most widely used ordering policy in the stochastic inventory literature is the (s, S) policy. Optimality of (s, S) policies and (s, S)-type policies have been investigated for various inventory models, including those with discrete- and continuous-time reviews, finite- and infinite-time horizons, discounted- and average-cost objectives, backlogging and lost-sales settings, standard and generalized demand and cost structures, deterministic and stochastic lead times, single- and multi-product settings, and coordinated pricing-inventory decisions. This survey provides a comprehensive review of this highly mature literature dating back to 1951. We discuss model specifications, proof techniques, specific results, and limitations of the papers published on the topic. We conclude the survey by providing suggestions for extensions and directions for future research.