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Determination of sa...
Determination of safety stocks for cyclic schedules with stochastic demands
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- Brander, Pär (author)
- Luleå tekniska universitet,Industriell Ekonomi
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Forsberg, Rolf (author)
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(creator_code:org_t)
- Elsevier BV, 2006
- 2006
- English.
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In: International Journal of Production Economics. - : Elsevier BV. - 0925-5273 .- 1873-7579. ; 104:2, s. 271-295
- Related links:
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https://urn.kb.se/re...
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https://doi.org/10.1...
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Abstract
Subject headings
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- This paper considers the problem of scheduling the production of multiple items, each with random demand, on a single facility. We show how the variance in demand during lead time can be estimated and present a model for determination of safety stocks and order-up-to levels for a fixed cyclic sequence, both with and without idle time. For systems with idle time, we present a control model to make the decision to produce next item in sequence or idle the facility. The performance of the model is tested in a simulation study.
Subject headings
- TEKNIK OCH TEKNOLOGIER -- Maskinteknik -- Produktionsteknik, arbetsvetenskap och ergonomi (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Mechanical Engineering -- Production Engineering, Human Work Science and Ergonomics (hsv//eng)
Keyword
- Industrial Logistics
- Industriell logistik
Publication and Content Type
- ref (subject category)
- art (subject category)
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