کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
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480906 | 1446148 | 2009 | 10 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Cost-effective inventory control in a value-added manufacturing system Cost-effective inventory control in a value-added manufacturing system](/preview/png/480906.png)
This paper considers the cost-effective inventory control of work-in-process (WIP) and finished products in a two-stage distributed manufacturing system. The first stage produces a common WIP, and the second stage consists of several production sites that produce differentiated products with different capacity and service level requirements. The unit inventory holding cost is higher at the second stage. This paper first uses a network of inventory-queue model to evaluate the inventory cost and service level achievable for given inventory control policy, and then derives a very simple algorithm to find the optimal inventory control policy that minimizes the overall inventory holding cost and satisfies the given service level requirements. Some managerial insights are obtained through numerical examples.
Journal: European Journal of Operational Research - Volume 196, Issue 2, 16 July 2009, Pages 534–543