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Inventory Models for Multi-Product Batch Production Systems

Simplifying Complex Inventory Models through Decomposition Based Approach
door Divya Seethapathy - Verkocht door Dodax EU
Staat: Nieuw
€ 39,89
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Divya Seethapathy Inventory Models for Multi-Product Batch Production Systems
Divya Seethapathy - Inventory Models for Multi-Product Batch Production Systems

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Levering: tussen 2020-12-08 en 2020-12-10
Verkoop en verzending: Dodax EU

Beschrijving

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.

Medewerkers

Auteur Divya Seethapathy

Productdetails

DUIN 16CV7V8MS8V

GTIN 9783659508028

Taal Engels

Pagina-aantallen 112

Product type Paperback

Maat 220 x 150  mm

€ 39,89
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