Εμφάνιση απλής εγγραφής

dc.creatorLiberopoulos, G.en
dc.creatorDallery, Y.en
dc.date.accessioned2015-11-23T10:38:00Z
dc.date.available2015-11-23T10:38:00Z
dc.date.issued2002
dc.identifier10.1080/07408170208928899
dc.identifier.issn0740-817X
dc.identifier.urihttp://hdl.handle.net/11615/30345
dc.description.abstractA single-stage production-inventory system produces parts in a make-to-stock mode, and unsatisfied demand is backordered. The system operates under a so-called base stock with WIP cap replenishment policy, which works as follows. Whenever the Work-In-Process (WIP) plus finished goods inventory falls below a specified level, called base stock, a replenishment order for the production of a new part is issued. If the WIP inventory is below a different specified level, called WIP cap, the order goes through and a new part is released for production; otherwise, the order is put on hold until the WIP inventory drops below the WIP cap. First, it is shown that the optimal base stock that minimizes the long-run, average, inventory holding cost for a given minimum customer service level, is a non-increasing function of the WIP cap that reaches a minimum value, called minimum optimal base stock, at a finite WIP cap value, called critical WIP cap. Then, it is shown that the optimal WIP cap is less than or equal to the critical WIP cap and therefore the optimal base stock is greater than or equal to the minimum optimal base stock. More interestingly, however, it is conjectured that the optimal WIP cap is in fact exactly equal to the critical WIP cap and therefore the optimal base stock is exactly equal to the minimum optimal base stock. The minimum optimal base stock is none other than the optimal base stock of the same system operating under a classical base stock policy (with no WIP cap). Finally, the optimal parameters of a system operating under a base stock with WIP cap policy are related to the optimal parameter of the same system operating under a make-to-stock CONWIP policy.en
dc.source.uri<Go to ISI>://WOS:000174271900004
dc.subjectGENERALIZED KANBANen
dc.subjectCONTROL MECHANISMSen
dc.subjectEngineering, Industrialen
dc.subjectOperations Research & Management Scienceen
dc.titleBase stock versus WIP cap in single-stage make-to-stock production-inventory systemsen
dc.typejournalArticleen


Αρχεία σε αυτό το τεκμήριο

ΑρχείαΜέγεθοςΤύποςΠροβολή

Δεν υπάρχουν αρχεία που να σχετίζονται με αυτό το τεκμήριο.

Αυτό το τεκμήριο εμφανίζεται στις ακόλουθες συλλογές

Εμφάνιση απλής εγγραφής