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The problem of MRP offsetting for assembly systems with random component procurement times is considered. POQ policy is used for the case where all components have identical lead time distributions and holding costs. An analytical optimization model is proposed and solved. This model minimizes...
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Modeling the lead-time demand for the multiple slow-moving inventory items in the case when the available requests history is very short is a challenge for inventory management. The classical forecasting technique, which is based on the aggregation of the stock keeping units to overcome the...
Persistent link: https://www.econbiz.de/10005109204
Transfer line balancing problems (TLBP) deal with the optimization of serial machining lines. At every machine, the operations are performed by blocks. The operations within each block are executed simultaneously by the same multi-spindle head. In the lines considered here, the spindle heads of...
Persistent link: https://www.econbiz.de/10005066792
This paper studies a customized product assembly scenario where some components cannot be stocked due to high component cost and risk. We consider the case where these key components are ordered after a demand has been registered with a promised delivery date. Component lead-times are stochastic...
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