The performance analysis of a general production–inventory control system under uncertain demand is presented. In the model, the production order releases are determined based on the information feedback on the forecasted demand, work-in-process discrepancy and inventory discrepancy. Stability conditions are obtained in terms of the control parameters that manage the rate at which the above discrepancies are corrected. The service and cost performances of the system in terms of order fill rate, item fill rate and average system cost are analyzed for various values of the control parameters within the stability region. Additional safety stock is considered to help achieve a desired level of service (desired order fill rate). Results based on numerical simulations are presented and their implications are discussed.

This is the whole item.

Date created

• 2011 July 24-2011 July 28

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
  Contact Us for questions or additional rights.

ITEM CONTEXT

Part of

28441c340962a2b363963713d1bba533

Scope and Contents

Part of

e35e9d46c0556df862a8fbb9e32d2143

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

Scope and Contents

Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives