Abstract
This paper investigates a multi-product multi-machine production-inventory system, characterized by job shop routings and stochastic demand interarrival times, set-up times and processing times. The inventory points and the production system are controlled integrally by a centralized decision maker. We present a heuristic that minimizes the relevant costs by making near-optimal production and inventory control decisions while target customer service levels are satisfied. The heuristic is tested in an extensive simulation study and the results are discussed.
Original language | English |
---|---|
Title of host publication | Stochastic Modeling of Manufacturing Systems |
Subtitle of host publication | Advances in Design, Performance Evaluation, and Control Issues |
Editors | G. Liberopulos, C.T. Papadopoulos, B. Tan, J. MacGregor Smith, S.B. Gershwin |
Place of Publication | Berlin |
Publisher | Springer |
Pages | 253-288 |
Number of pages | 36 |
ISBN (Print) | 3540265791, 9783540265795 |
DOIs | |
Publication status | Published - 1 Dec 2006 |
Keywords
- Inventory control
- Performance analysis
- Production control
- Production-inventory system
- Queueing network analyser