Dynamic lot sizing problems with stochastic production output

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Publisher : BoD – Books on Demand
ISBN 13 : 3744838056
Total Pages : 250 pages
Book Rating : 4.7/5 (448 download)

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Book Synopsis Dynamic lot sizing problems with stochastic production output by : Michael Kirste

Download or read book Dynamic lot sizing problems with stochastic production output written by Michael Kirste and published by BoD – Books on Demand. This book was released on 2017-06-23 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the real world, production systems are affected by external and internal uncertainties. Stochastic demand - an external uncertainty - arises mainly due to forecast errors and unknown behavior of customers in future. Internal uncertainties occur in situations where random yield, random production capacity, or stochastic processing times affect the productivity of a manufacturing system. The resulting stochastic production output is especially present in industries with modern and complex technologies as the semiconductor industry. This thesis provides model formulations and solution methods for capacitated dynamic lot sizing problems with stochastic demand and stochastic production output that can be used by practitioners within Manufacturing Resource Planning Systems (MRP), Capacitated Production Planning Systems (CPPS), and Advanced Planning Systems (APS). In all models, backordered demand is controlled with service levels. Numerical studies compare the solution methods and give managerial implications in presence of stochastic production output. This book addresses practitioners, consultants, and developers as well as students, lecturers, and researchers with focus on lot sizing, production planning, and supply chain management.

Stochastic Dynamic Lot-Sizing in Supply Chains

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Publisher : BoD – Books on Demand
ISBN 13 : 3738626972
Total Pages : 230 pages
Book Rating : 4.7/5 (386 download)

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Book Synopsis Stochastic Dynamic Lot-Sizing in Supply Chains by : Timo Jannis Hilger

Download or read book Stochastic Dynamic Lot-Sizing in Supply Chains written by Timo Jannis Hilger and published by BoD – Books on Demand. This book was released on 2015-10-01 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies frequently operate in an uncertain environment and many real life production planning problems imply volatility and stochastics of the customer demands. Thereby, the determination of the lot-sizes and the production periods significantly affects the profitability of a manufacturing company and the service offered to the customers. This thesis provides practice-oriented formulations and variants of dynamic lot-sizing problems in presence of restricted production resources and demand uncertainty. The demand fulfillment is regulated by service level constraints. Additionally, integrated production and remanufacturing planning under demand and return uncertainty in closed-loop supply chains is addressed. This book offers introductions to these problems and presents approximation models that can be applied under uncertainty. Comprehensive numerical studies provide managerial implications. The book is written for practitioners interested in supply chain management and production as well as for lecturers and students in business studies with a focus on supply chain management and operations management.

Research Handbook on Inventory Management

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Publisher : Edward Elgar Publishing
ISBN 13 : 180037710X
Total Pages : 565 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis Research Handbook on Inventory Management by : Jing-Sheng J. Song

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.

Decision Sciences

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Publisher : CRC Press
ISBN 13 : 1482282569
Total Pages : 1042 pages
Book Rating : 4.4/5 (822 download)

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Book Synopsis Decision Sciences by : Raghu Nandan Sengupta

Download or read book Decision Sciences written by Raghu Nandan Sengupta and published by CRC Press. This book was released on 2016-11-30 with total page 1042 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook is an endeavour to cover many current, relevant, and essential topics related to decision sciences in a scientific manner. Using this handbook, graduate students, researchers, as well as practitioners from engineering, statistics, sociology, economics, etc. will find a new and refreshing paradigm shift as to how these topics can be put to use beneficially. Starting from the basics to advanced concepts, authors hope to make the readers well aware of the different theoretical and practical ideas, which are the focus of study in decision sciences nowadays. It includes an excellent bibliography/reference/journal list, information about a variety of datasets, illustrated pseudo-codes, and discussion of future trends in research. Covering topics ranging from optimization, networks and games, multi-objective optimization, inventory theory, statistical methods, artificial neural networks, times series analysis, simulation modeling, decision support system, data envelopment analysis, queueing theory, etc., this reference book is an attempt to make this area more meaningful for varied readers. Noteworthy features of this handbook are in-depth coverage of different topics, solved practical examples, unique datasets for a variety of examples in the areas of decision sciences, in-depth analysis of problems through colored charts, 3D diagrams, and discussions about software.

Formal Methods in Manufacturing

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Publisher : CRC Press
ISBN 13 : 1351832034
Total Pages : 719 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Formal Methods in Manufacturing by : Javier Campos

Download or read book Formal Methods in Manufacturing written by Javier Campos and published by CRC Press. This book was released on 2018-09-03 with total page 719 pages. Available in PDF, EPUB and Kindle. Book excerpt: Illustrated with real-life manufacturing examples, Formal Methods in Manufacturing provides state-of-the-art solutions to common problems in manufacturing systems. Assuming some knowledge of discrete event systems theory, the book first delivers a detailed introduction to the most important formalisms used for the modeling, analysis, and control of manufacturing systems (including Petri nets, automata, and max-plus algebra), explaining the advantages of each formal method. It then employs the different formalisms to solve specific problems taken from today’s industrial world, such as modeling and simulation, supervisory control (including deadlock prevention) in a distributed and/or decentralized environment, performance evaluation (including scheduling and optimization), fault diagnosis and diagnosability analysis, and reconfiguration. Containing chapters written by leading experts in their respective fields, Formal Methods in Manufacturing helps researchers and application engineers handle fundamental principles and deal with typical quality goals in the design and operation of manufacturing systems.

Intelligent Systems Design and Applications

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Publisher : Springer Nature
ISBN 13 : 3030711870
Total Pages : 1440 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Intelligent Systems Design and Applications by : Ajith Abraham

Download or read book Intelligent Systems Design and Applications written by Ajith Abraham and published by Springer Nature. This book was released on 2021-06-02 with total page 1440 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights recent research on intelligent systems and nature-inspired computing. It presents 130 selected papers from the 19th International Conference on Intelligent Systems Design and Applications (ISDA 2020), which was held online. The ISDA is a premier conference in the field of computational intelligence, and the latest installment brought together researchers, engineers and practitioners whose work involves intelligent systems and their applications in industry. Including contributions by authors from 40 countries, the book offers a valuable reference guide for all researchers, students and practitioners in the fields of Computer Science and Engineering.

Assembly Line Balancing under Uncertain Task Time and Demand Volatility

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Publisher : Springer Nature
ISBN 13 : 9811942153
Total Pages : 164 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Assembly Line Balancing under Uncertain Task Time and Demand Volatility by : Yuchen Li

Download or read book Assembly Line Balancing under Uncertain Task Time and Demand Volatility written by Yuchen Li and published by Springer Nature. This book was released on 2022-09-10 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces several mathematical models in assembly line balancing based on stochastic programming and develops exact and heuristic methods to solve them. An assembly line system is a manufacturing process in which parts are added in sequence from workstation to workstation until the final assembly is produced. In an assembly line balancing problem, tasks belonging to different product models are allocated to workstations according to their processing times and precedence relationships among tasks. It incorporates two features, uncertain task times, and demand volatility, separately and simultaneously, into the conventional assembly line balancing model. A real-life case study related to the mask production during the COVID-19 pandemic is presented to illustrate the application of the proposed framework and methodology. The book is intended for graduate students who are interested in combinatorial optimizations in manufacturing with uncertain input.

Optimization in Large Scale Problems

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Publisher : Springer Nature
ISBN 13 : 3030285650
Total Pages : 333 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Optimization in Large Scale Problems by : Mahdi Fathi

Download or read book Optimization in Large Scale Problems written by Mahdi Fathi and published by Springer Nature. This book was released on 2019-11-20 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides resourceful thinking and insightful management solutions to the many challenges that decision makers face in their predictions, preparations, and implementations of the key elements that our societies and industries need to take as they move toward digitalization and smartness. The discussions within the book aim to uncover the sources of large-scale problems in socio-industrial dilemmas, and the theories that can support these challenges. How theories might also transition to real applications is another question that this book aims to uncover. In answer to the viewpoints expressed by several practitioners and academicians, this book aims to provide both a learning platform which spotlights open questions with related case studies. The relationship between Industry 4.0 and Society 5.0 provides the basis for the expert contributions in this book, highlighting the uses of analytical methods such as mathematical optimization, heuristic methods, decomposition methods, stochastic optimization, and more. The book will prove useful to researchers, students, and engineers in different domains who encounter large scale optimization problems and will encourage them to undertake research in this timely and practical field. The book splits into two parts. The first part covers a general perspective and challenges in a smart society and in industry. The second part covers several case studies and solutions from the operations research perspective for large scale challenges specific to various industry and society related phenomena.

Network Interdiction and Stochastic Integer Programming

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Publisher : Springer Science & Business Media
ISBN 13 : 030648109X
Total Pages : 134 pages
Book Rating : 4.3/5 (64 download)

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Book Synopsis Network Interdiction and Stochastic Integer Programming by : David L. Woodruff

Download or read book Network Interdiction and Stochastic Integer Programming written by David L. Woodruff and published by Springer Science & Business Media. This book was released on 2006-04-11 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: On March 15, 2002 we held a workshop on network interdiction and the more general problem of stochastic mixed integer programming at the University of California, Davis. Jesús De Loera and I co-chaired the event, which included presentations of on-going research and discussion. At the workshop, we decided to produce a volume of timely work on the topics. This volume is the result. Each chapter represents state-of-the-art research and all of them were refereed by leading investigators in the respective fields. Problems - sociated with protecting and attacking computer, transportation, and social networks gain importance as the world becomes more dep- dent on interconnected systems. Optimization models that address the stochastic nature of these problems are an important part of the research agenda. This work relies on recent efforts to provide methods for - dressing stochastic mixed integer programs. The book is organized with interdiction papers first and the stochastic programming papers in the second part. A nice overview of the papers is provided in the Foreward written by Roger Wets.

Inventory Analytics

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Publisher : BoD – Books on Demand
ISBN 13 : 375193071X
Total Pages : 290 pages
Book Rating : 4.7/5 (519 download)

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Book Synopsis Inventory Analytics by : Horst Tempelmeier

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.

Advances in Applied Mechanical Engineering

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Publisher : Springer Nature
ISBN 13 : 9811512019
Total Pages : 1161 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Advances in Applied Mechanical Engineering by : Hari Kumar Voruganti

Download or read book Advances in Applied Mechanical Engineering written by Hari Kumar Voruganti and published by Springer Nature. This book was released on 2020-02-01 with total page 1161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents select peer reviewed proceedings of the International Conference on Applied Mechanical Engineering Research (ICAMER 2019). The books examines various areas of mechanical engineering namely design, thermal, materials, manufacturing and industrial engineering covering topics like FEA, optimization, vibrations, condition monitoring, tribology, CFD, IC engines, turbo-machines, automobiles, manufacturing processes, machining, CAM, additive manufacturing, modelling and simulation of manufacturing processing, optimization of manufacturing processing, supply chain management, and operations management. In addition, recent studies on composite materials, materials characterization, fracture and fatigue, advanced materials, energy storage, green building, phase change materials and structural change monitoring are also covered. Given the contents, this book will be useful for students, researchers and professionals working in mechanical engineering and allied fields.

Production and Inventory Management with Substitutions

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Publisher : Springer Science & Business Media
ISBN 13 : 3642042473
Total Pages : 271 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis Production and Inventory Management with Substitutions by : J. Christian Lang

Download or read book Production and Inventory Management with Substitutions written by J. Christian Lang and published by Springer Science & Business Media. This book was released on 2009-11-25 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitativeapproachesforsolvingproductionplanningandinventorymanagement problems in industry have gained growing importance in the past years. Due to the increasinguse of AdvancedPlanningSystems, a widespreadpracticalapplicationof the sophisticated optimization models and algorithms developed by the Production Management and Operations Research community now seem within reach. The possibility that productscan be replaced by certain substitute productsexists in various application areas of production planning and inventory management. Substitutions can be useful for a number of reasons, among others to circ- vent production and supply bottlenecks and disruptions, increase the service level, reduce setup costs and times, and lower inventories and thereby decrease ca- tal lockup. Considering the current trend in industry towards shorter product life cycles and greater product variety, the importance of substitutions appears likely to grow. Closely related to substitutions are ?exible bills-of-materials and recipes in multi-level production systems. However, so far, the aspect of substitutions has not attracted much attention in academic literature. Existing lot-sizing models matching complex requirements of industrial optimization problems (e.g., constrained capacities, sequence-dependent setups, multiple resources) such as the Capacitated Lot-Sizing Problem with Sequence-Dependent Setups (CLSD) and the General Lot-Sizing and Scheduling Problem for Multiple Production Stages (GLSPMS) do not feature in substitution options.

Production Planning with Capacitated Resources and Congestion

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Publisher : Springer Nature
ISBN 13 : 107160354X
Total Pages : 289 pages
Book Rating : 4.0/5 (716 download)

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Book Synopsis Production Planning with Capacitated Resources and Congestion by : Hubert Missbauer

Download or read book Production Planning with Capacitated Resources and Congestion written by Hubert Missbauer and published by Springer Nature. This book was released on 2020-02-26 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive overview of recent developments in production planning. The monograph begins with an introductory chapter reviewing the need for these production planning models, that operate by determining time-phased releases of work into the facility or supply chain, relating these to the Manufacturing Planning and Control (MPC) and Advanced Planning and Scheduling (APS) frameworks, that form the basis of most academic research and industrial practice. The extensive body of work on Workload Control is also placed in this context, and proves the need for improved models with a discussion of the difficulties, these approaches encounter. The next two chapters present a detailed review of the state of the art in optimization models based on exogenous planned lead times, and examines the cases where these can take both integer and fractional values. The difficulties arising in estimating planned lead times are consistent with factory behavior which are highlighted, noting that many of these lead to non-convex optimization models. Attempts to address these difficulties by iterative multimodel approaches, that combine simulation and mathematical programming, are also discussed in detail. The next three chapters of the volume address the set of techniques developed using clearing functions, which represent the expected output of a resource in a planning period, as a function of the expected workload of the resource, during that period. The chapters on this subject propose a basic optimization model for multiple products, discuss the difficulties of this model and some possible solutions. It also reviews prior work, and discuss a number of alternative formulations of the clearing function concept with their respective advantages and disadvantages. Applications to lot sizing decisions and a number of other specific problems are also described. This volume concludes with an assessment of the state of the art described in the volume, and several directions for future work.

Handbook of Stochastic Models and Analysis of Manufacturing System Operations

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Publisher : Springer Science & Business Media
ISBN 13 : 1461467772
Total Pages : 397 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Handbook of Stochastic Models and Analysis of Manufacturing System Operations by : J. MacGregor Smith

Download or read book Handbook of Stochastic Models and Analysis of Manufacturing System Operations written by J. MacGregor Smith and published by Springer Science & Business Media. This book was released on 2013-05-17 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook surveys important stochastic problems and models in manufacturing system operations and their stochastic analysis. Using analytical models to design and control manufacturing systems and their operations entail critical stochastic performance analysis as well as integrated optimization models of these systems. Topics deal with the areas of facilities planning, transportation, and material handling systems, logistics and supply chain management, and integrated productivity and quality models covering: • Stochastic modeling and analysis of manufacturing systems • Design, analysis, and optimization of manufacturing systems • Facilities planning, transportation, and material handling systems analysis • Production planning, scheduling systems, management, and control • Analytical approaches to logistics and supply chain management • Integrated productivity and quality models, and their analysis • Literature surveys of issues relevant in manufacturing systems • Case studies of manufacturing system operations and analysis Today’s manufacturing system operations are becoming increasingly complex. Advanced knowledge of best practices for treating these problems is not always well known. The purpose of the book is to create a foundation for the development of stochastic models and their analysis in manufacturing system operations. Given the handbook nature of the volume, introducing basic principles, concepts, and algorithms for treating these problems and their solutions is the main intent of this handbook. Readers unfamiliar with these research areas will be able to find a research foundation for studying these problems and systems.

Capacitated Lot Sizing Problems in Process Industries

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Publisher : Springer
ISBN 13 : 3030012220
Total Pages : 227 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Capacitated Lot Sizing Problems in Process Industries by : Ravi Ramya

Download or read book Capacitated Lot Sizing Problems in Process Industries written by Ravi Ramya and published by Springer. This book was released on 2019-01-04 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the Capacitated Lot Sizing Problem (CLSP) in process industries. In almost all process industries, there are situations where products have short/long setup times, and the setup of the product and its subsequent production are carried over, across consecutive periods. The setup of a product is carried over across more than one successive period in the case of products having long setup times. A product having short setup has its setup time less than the capacity of the period in which it is setup. The setup is immediately followed by its production of the product and it may also be carried over, across successive time period(s). Many process industries require production of a product to occur immediately after its setup (without the presence of idle time between the setup and production of the product), and they also require the product to be continuously produced without any interruption. This book considers a single-machine, single-level and multiple-item CLSP problem. This book introduces the Capacitated Lot Sizing Problem with Production Carryover and Setup Crossover across periods (CLSP-PCSC). Mathematical models are proposed which are all encompassing that they can handle continuous manufacturing (as in process industries), and also situations where the setup costs and holding costs are product dependent and time independent/time dependent, with possible backorders, and with other appropriate adaptations. Comprehensive heuristics are proposed based on these mathematical models to solve the CLSP-PCSC. The performance of the proposed models and heuristics are evaluated using problem instances of various sizes. This book also covers mathematical models developed for the Capacitated Lot Sizing Problem with Production Carryover and Setup Crossover across periods, and with Sequence-Dependent Setup Times and Setup Costs (CLSP-SD-PCSC). These models allow the presence of backorders and also address real-life situations present in process industries such as production of a product starting immediately after its setup and its uninterrupted production carryover across periods, along with the presence of short/long setup times. Heuristics proposed for the CLSP-PCSC can be extended to address the CLSP problem with sequence dependent setup costs and setup times. All the models and heuristics proposed in this book address some real-life considerations present in process industries.

Operations Research Proceedings 2022

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Publisher : Springer Nature
ISBN 13 : 3031249070
Total Pages : 619 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Operations Research Proceedings 2022 by : Oliver Grothe

Download or read book Operations Research Proceedings 2022 written by Oliver Grothe and published by Springer Nature. This book was released on 2023-09-30 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers a selection of peer-reviewed papers presented at the International Conference on Operations Research (OR 2022), which was held at Karlsruhe Institute of Technology, Germany, on September 6-9, 2022. KIT’s Institute for Operations Research (IOR) hosted the conference together with the Institute for Industrial Production (IIP), the Institute for Automation and Applied Informatics (IAI), and the Institute for Material Handling and Logistics (IFL). The respective papers discuss classical mathematical optimization, statistics and simulation techniques. These are complemented by computer science methods, and by tools for processing data, designing and implementing information systems. The book also examines recent advances in information technology, which allow big data volumes to be processed and enable real-time predictive and prescriptive business analytics to drive decisions and actions. Lastly, it includes problems modeled and treated while taking into account uncertainty, risk management, behavioral issues, etc.

Remanufacturing Modeling and Analysis

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Publisher : CRC Press
ISBN 13 : 1439863083
Total Pages : 418 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Remanufacturing Modeling and Analysis by : Mehmet Ali Ilgin

Download or read book Remanufacturing Modeling and Analysis written by Mehmet Ali Ilgin and published by CRC Press. This book was released on 2016-04-19 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: New, Now, Next. Consumers' ever growing appetite to acquire new products and their short courtship with them has kept manufacturers busy not only expending resources at an alarming rate, but also depleting these resources and giving rise to waste and pollution at a correspondingly increasing and disturbing rate. Traditional manufacturing methods th