URI | http://purl.tuc.gr/dl/dias/41325162-D9B5-4FD4-BCDD-64715A87D8DE | - |
Αναγνωριστικό | https://doi.org/ 10.1109/TASE.2007.897614 | - |
Γλώσσα | en | - |
Μέγεθος | 13 pages | en |
Τίτλος | Analysis of admission and inventory control policies for production networks | en |
Δημιουργός | Yannis Phillis | en |
Δημιουργός | Φιλλης Ιωαννης | el |
Δημιουργός | Vassilis S. Kouikoglou | en |
Δημιουργός | S. Ioannidis | en |
Εκδότης | IEEE | en |
Περίληψη | Problems of inventory control and customer admission control are considered for a manufacturing system that produces one product to meet random demand. Four admission policies are investigated: lost sales, complete backordering, randomized admission, and partial backordering. These policies are combined with an integral inventory control policy, which releases raw items only when an incoming order is accepted and keeps the inventory position (total inventory minus outstanding orders) constant. The objective is to determine the inventory level and the maximum number of backorders, as well as the admission probability that maximize the mean profit rate of the system. The system is modeled as a closed queueing network and its performance is computed analytically. The optimal parameters for each policy are found using exhaustive search and convex analysis. Numerical results show that managing inventory levels and sales jointly through partial backordering achieves higher profit than other control policies.
| en |
Τύπος | Peer-Reviewed Journal Publication | en |
Τύπος | Δημοσίευση σε Περιοδικό με Κριτές | el |
Άδεια Χρήσης | http://creativecommons.org/licenses/by/4.0/ | en |
Ημερομηνία | 2015-10-05 | - |
Ημερομηνία Δημοσίευσης | 2008 | - |
Θεματική Κατηγορία | Coordinate generation, Numerical (Numerical analysis) | en |
Θεματική Κατηγορία | Generation of numerical grids (Numerical analysis) | en |
Θεματική Κατηγορία | Grid generation, Numerical (Numerical analysis) | en |
Θεματική Κατηγορία | Mesh generation, Numerical (Numerical analysis) | en |
Θεματική Κατηγορία | Numerical coordinate generation (Numerical analysis) | en |
Θεματική Κατηγορία | Numerical mesh generation (Numerical analysis) | en |
Θεματική Κατηγορία | numerical grid generation numerical analysis | en |
Θεματική Κατηγορία | coordinate generation numerical numerical analysis | en |
Θεματική Κατηγορία | generation of numerical grids numerical analysis | en |
Θεματική Κατηγορία | grid generation numerical numerical analysis | en |
Θεματική Κατηγορία | mesh generation numerical numerical analysis | en |
Θεματική Κατηγορία | numerical coordinate generation numerical analysis | en |
Θεματική Κατηγορία | numerical mesh generation numerical analysis | en |
Βιβλιογραφική Αναφορά | S. Ioannidis, V. S. Kouikoglou, Y. A. Phillis, “Analysis of admission and inventory control policies for production networks,” IEEE Trans. on Aut. Sc. and Eng., vol. 5, no. 2, pp. 275-288, 2008.doi : 10.1109/TASE.2007.897614 | en |