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Consumption-Driven Finite Capacity Inventory Planning and Production Control

Egilmez, Gokhan
http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1251985130

Abstract Details

2009, Master of Science (MS), Ohio University, Industrial and Systems Engineering (Engineering and Technology).
Consumption driven finite capacity multi independent item inventory planning problem is studied. Four models are generated to solve the problem to minimize the total cost of inventory carrying, ordering and backordering. The first model reflects the classic (s, Q) policy. Model 2 has a feature of dynamic order quantity which enables system to increase or decrease the amount of items released as production orders. Models 3 and 4 both have the features of dynamic order quantities and dynamic reorder points. Dynamic reorder point is used to allow a production order to be released before reorder point violation occurs with respect to the vulnerability of backlog. In addition system is protected from overproduction and excessive inventory built by limitation parameters for r and Q. As a result, significant amounts of backlogs are prevented and total cost reductions are obtained by Model-4 in highly variable demand environments.
Gursel A. Suer (Advisor)
Diana Schwerha (Committee Member)
Dusan Sormaz (Committee Member)
Khurrum Bhutta (Committee Member)
134 p.
Computer Science; Industrial Engineering; Information Systems; Systems Design
Dynamic Reorder; Dynamic Order Quantity; Inventory Planning; Production Control; Finite Capacity Loading; Kanban; Pull; Push;

Recommended Citations

Citations

  • Egilmez, G. (2009). Consumption-Driven Finite Capacity Inventory Planning and Production Control [Master's thesis, Ohio University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1251985130

    APA Style (7th edition)

  • Egilmez, Gokhan. Consumption-Driven Finite Capacity Inventory Planning and Production Control. 2009. Ohio University, Master's thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1251985130.

    MLA Style (8th edition)

  • Egilmez, Gokhan. "Consumption-Driven Finite Capacity Inventory Planning and Production Control." Master's thesis, Ohio University, 2009. http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1251985130

    Chicago Manual of Style (17th edition)

ohiou1251985130
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© 2009, all rights reserved.
This open access ETD is published by Ohio University and OhioLINK.