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Inefficient locations for production, distribution and reverse logistics plants will result in excess costs no matter how well material requirements planning (MRP), inventory control, distribution and information sharing decisions are optimized. In this paper we study ways in which aspect of...
Persistent link: https://www.econbiz.de/10009146301
The dynamic lotsizing problem concerns the determination of optimally produced/delivered batch quantities, when demand, which is to be satisfied, is distributed over time in different amounts at different times. The standard formulation assumes that these batches are provided instantaneously,...
Persistent link: https://www.econbiz.de/10011043201
In this paper we extend and apply MRP theory towards reverse logistics including the considerations of transportation consequences. Our aim is to demonstrate the versatility obtained from using MRP theory when combining Input–Output Analysis and Laplace transforms. This enables an analysis of...
Persistent link: https://www.econbiz.de/10011043257
Determining the economic lot size has always represented one of the most important issues in production planning. This problem has long attracted the attention of researchers, and several models have been developed to meet requirements at minimum cost. In this paper we explore and discuss the...
Persistent link: https://www.econbiz.de/10011043379
MRP Theory combines the use of Input–Output Analysis and Laplace transforms, enabling the development of a theoretical background for multi-level, multi-stage production–inventory systems together with their economic evaluation, in particular applying the Net Present Value principle (NPV).
Persistent link: https://www.econbiz.de/10011043402
MRP Theory has been developed during the last 25 years for capturing processes concerning multi-level, multi-stage production-inventory systems in a compact way. Input–output analysis has been used to describe structures, and Laplace transforms to describe the timing relations. This theory has...
Persistent link: https://www.econbiz.de/10011043403
The dynamic lotsizing problem concerns the determination of optimal batch quantities, when given required amounts appear at discrete points in time. The standard formulation assumes that no shortages are allowed and that replenishments are made instantaneously.
Persistent link: https://www.econbiz.de/10011076726
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