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Inventory Models for Multi-Product Batch Production Systems: Simplifying Complex Inventory Models through Decomposition Based Approach - Softcover
Synopsis
Managing product variety poses several challenges at the manufacturer’s end in terms of inventory control. Many manufacturers incur increased inventory costs (raw material, in process and finished goods) to guarantee high quality of service to customers. Many companies seeking the right balance of product variety, flexibility and costs choose to manufacture products in a batch production mode. However, batch production systems involve complex trade-offs between productivity losses resulting from making too many small batches and the costs of tying up working capital in inventory as large batches. These trade-offs gets magnified as product variety increases. The objective of this research is to develop a simple analytical model for capacitated multi-product batch production systems that could be used to analyze the trade-offs involved in production inventory decisions and their impact on inventory holding costs, customer backorders, and service levels. The objective is to investigate the effect of system parameters such as product variety, production batch size on performance measures such as backorders and service levels.
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About the Author
Manufacturing Operations Manager with 8 years of experience and in-depth knowledge in Operations Management, Material Flow Management, Inventory Management and a Master's degree in Manufacturing System's Engineering from University of Wisconsin, Madison.
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Inventory Models for Multi-Product Batch Production Systems
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LAP LAMBERT Academic Publishing Jul 2014, 2014
ISBN 10: 3659508020
ISBN 13: 9783659508028
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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germany
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Managing product variety poses several challenges at the manufacturer s end in terms of inventory control. Many manufacturers incur increased inventory costs (raw material, in process and finished goods) to guarantee high quality of service to customers. Many companies seeking the right balance of product variety, flexibility and costs choose to manufacture products in a batch production mode. However, batch production systems involve complex trade-offs between productivity losses resulting from making too many small batches and the costs of tying up working capital in inventory as large batches. These trade-offs gets magnified as product variety increases. The objective of this research is to develop a simple analytical model for capacitated multi-product batch production systems that could be used to analyze the trade-offs involved in production inventory decisions and their impact on inventory holding costs, customer backorders, and service levels. The objective is to investigate the effect of system parameters such as product variety, production batch size on performance measures such as backorders and service levels. 112 pp. Englisch. Seller Inventory # 9783659508028
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Inventory Models for Multi-Product Batch Production Systems
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VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2014
ISBN 10: 3659508020
ISBN 13: 9783659508028
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Inventory Models for Multi-Product Batch Production Systems
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VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2014
ISBN 10: 3659508020
ISBN 13: 9783659508028
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Condition: New. Print on Demand pp. 112 2:B&W 6 x 9 in or 229 x 152 mm Perfect Bound on Creme w/Gloss Lam. Seller Inventory # 131073691
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Inventory Models for Multi-Product Batch Production Systems : Simplifying Complex Inventory Models through Decomposition Based Approach
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LAP LAMBERT Academic Publishing, 2014
ISBN 10: 3659508020
ISBN 13: 9783659508028
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Managing product variety poses several challenges at the manufacturer s end in terms of inventory control. Many manufacturers incur increased inventory costs (raw material, in process and finished goods) to guarantee high quality of service to customers. Many companies seeking the right balance of product variety, flexibility and costs choose to manufacture products in a batch production mode. However, batch production systems involve complex trade-offs between productivity losses resulting from making too many small batches and the costs of tying up working capital in inventory as large batches. These trade-offs gets magnified as product variety increases. The objective of this research is to develop a simple analytical model for capacitated multi-product batch production systems that could be used to analyze the trade-offs involved in production inventory decisions and their impact on inventory holding costs, customer backorders, and service levels. The objective is to investigate the effect of system parameters such as product variety, production batch size on performance measures such as backorders and service levels. Seller Inventory # 9783659508028
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Inventory Models for Multi-Product Batch Production Systems
Published by
VDM Verlag Dr. Mueller Aktiengesellschaft & Co. KG, 2014
ISBN 10: 3659508020
ISBN 13: 9783659508028
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Condition: New. PRINT ON DEMAND pp. 112. Seller Inventory # 18128432462
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Inventory Models for Multi-Product Batch Production Systems
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ISBN 10: 3659508020
ISBN 13: 9783659508028
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Seethapathy DivyaManufacturing Operations Manager with 8 years of experience and in-depth knowledge in Operations Management, Material Flow Management, Inventory Management and a Master s degree in Manufacturing System s Engineering . Seller Inventory # 5161017
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Inventory Models for Multi-Product Batch Production Systems
Published by
LAP LAMBERT Academic Publishing Jul 2014, 2014
ISBN 10: 3659508020
ISBN 13: 9783659508028
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Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germany
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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Managing product variety poses several challenges at the manufacturer's end in terms of inventory control. Many manufacturers incur increased inventory costs (raw material, in process and finished goods) to guarantee high quality of service to customers. Many companies seeking the right balance of product variety, flexibility and costs choose to manufacture products in a batch production mode. However, batch production systems involve complex trade-offs between productivity losses resulting from making too many small batches and the costs of tying up working capital in inventory as large batches. These trade-offs gets magnified as product variety increases. The objective of this research is to develop a simple analytical model for capacitated multi-product batch production systems that could be used to analyze the trade-offs involved in production inventory decisions and their impact on inventory holding costs, customer backorders, and service levels. The objective is to investigate the effect of system parameters such as product variety, production batch size on performance measures such as backorders and service levels.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 112 pp. Englisch. Seller Inventory # 9783659508028
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Inventory Models for Multi-Product Batch Production Systems | Simplifying Complex Inventory Models through Decomposition Based Approach
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LAP LAMBERT Academic Publishing, 2014
ISBN 10: 3659508020
ISBN 13: 9783659508028
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Taschenbuch
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Taschenbuch. Condition: Neu. Inventory Models for Multi-Product Batch Production Systems | Simplifying Complex Inventory Models through Decomposition Based Approach | Divya Seethapathy | Taschenbuch | 112 S. | Englisch | 2014 | LAP LAMBERT Academic Publishing | EAN 9783659508028 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. Seller Inventory # 105184235