Production-inventory systems with imperfect advance demand information and updating
نویسندگان
چکیده
منابع مشابه
Optimization of two-stage production/inventory systems under order base stock policy with advance demand information
It is important to share demand information among the members in supply chains. In recent years, production and inventory systems with advance demand information (ADI) have been discussed, where advance demand information means the information of demand which the decision maker obtains before the corresponding actual demand arrives. Appropriate production and inventory control using demand info...
متن کاملUsing Imperfect Advance Demand Information in Production-Inventory Systems with Multiple Customer Classes
We consider a make-to-stock supplier who operates a production facility with limited capacity. The supplier receives orders from customers belonging to several demand classes. Some of the customer classes share advance demand information with the supplier by announcing their orders ahead of their due date. However, this advance demand information is not perfect because the customer may decide t...
متن کاملThe Value of Advance Demand Information in Production/Inventory Systems
Advance demand information, when used effectively, improves the performance of production/inventory systems. In this paper, we investigate the value of advance demand information in production/inventory systems. For a single-stage make-to-stock queue, we assess the value of using advance demand information under a variety of assumptions on the cost of obtaining advance demand information, and t...
متن کاملInventory Systems with Advance Demand Information and Random Replenishment Times
Advance demand information, when used effectively, improves the performance of production/inventory systems. The extent of improvement however depends on certain factors. We investigate the influence of random supply lead times on a single-stage inventory system with advance demand information. It is found that the supply lead time variability diminishes the benefits of advance demand information.
متن کاملValue of Advance Demand Information in Production and Inventory Systems with Shared Resources
Advance Demand Information can improve the performance of production/inventory systems with random demand considerably. However, to exploit the potential of such information, replenishment policies must be adapted to the available information. We explore the impact and the benefits of Advance Demand Information under optimal replenishment policies for two different supply chain structures, one ...
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ژورنال
عنوان ژورنال: Naval Research Logistics (NRL)
سال: 2011
ISSN: 0894-069X
DOI: 10.1002/nav.20443