Diverse replenishment frequency model for TOC supply chain replenishment systems with capacity constraints
نویسندگان
چکیده
When the theory of constraints (TOC) supply chain replenishment system (TOC-SCRS) is deployed in a plant or a central warehouse, replenishment frequency (RF) becomes one of the important decision parameters and depends on the sales or replenishment quantity (RQ) in the plant. The higher RF is preferred by TOC for the low inventory and the fast response to different market requirements. However, when sales significantly increase and capacity is not enough, the lower RF is required to save the setup capacity. Some existing RF determination models substantially increased in inventory. This paper proposes a diverse RF model for TOC-SCRS with capacity constraints so that the RF will only moderately increase in inventory. A numeric example is utilised to evaluate the proposed method and a prototype is further provided to demonstrate its feasibility and performance. The proposed model will enable a plant or a central warehouse to successfully implement an effective TOC-SCRS.
منابع مشابه
Optimization of Setup Frequency for TOC Supply Chain Replenishment Systems Based on Pareto Particle Swarm Optimization
The theory of constraints (TOC) supply chain replenishment system (TOC-SCRS) is an effective solution for coping with conflicts during the management of supply chain inventories. When it is deployed in a plant or a central warehouse with capacity constraints, TOC-SCRS encounters a problem comprised of 2 parts: first, how to establish a sound setup frequency (SF) that can meet production needs a...
متن کاملVendor Managed Inventory of a Single-vendor Multiple-retailer Single-warehouse Supply Chain under Stochastic Demands
In this study, a vendor-managed inventory model is developed for a single-vendor multiple-retailer single-warehouse (SV-MR-SV) supply chain problem based on the economic order quantity in which demands are stochastic and follow a uniform probability distribution. In order to reduce holding costs and to help balanced on-hand inventory cost between the vendor and the retailers, it is assumed that...
متن کاملControlling the Bullwhip Effect in a Supply Chain Network with an Inventory Replenishment Policy by a Robust Control Method
This paper develops a mathematical model using differential equations and considers a bullwhip effect in a supply chain network with multiple retailers and distributors. To ensure the stability of the entire system and reduce the bullwhip effect, a robust control method and an inventory replenishment policy are proposed. This shows that the choice of the output matrix may reduce the bullwhip ef...
متن کاملCoordination of promotional effort, corporate social responsibility and periodic review replenishment decisions in a two-echelon socially responsible supply chain
In this paper, we explore the issue of coordination in a manufacturer-retailer supply chain where the manufacturer is socially responsible and invests in CSR activities. On the other hand, the retailer invests in promotional efforts and uses a periodic review order-up-to policy for replenishing items. First, the decentralized decision-making structure is modeled to calculate the minimum accepta...
متن کاملCoordinating pricing and periodic review replenishment decisions in a two-echelon supply chain using quantity discount contract
In this paper, the coordination of pricing and periodic review inventory decisions in a supplier-retailer supply chain (SC) is proposed. In the investigated SC, the retailer faces a stochastic price dependent demand and determines the review period, order-up-to-level, and retail price. On the other hand, the supplier decides on the replenishment multiplier. Firstly, the decentralized and centra...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- IJMIC
دوره 19 شماره
صفحات -
تاریخ انتشار 2013