Institutional Repository
Technical University of Crete
Technical University of Crete
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| URI: | http://purl.tuc.gr/dl/dias/3E5FD3CE-3023-431F-9EF3-DF5E4E7359A0 | ||
| Year | 2023 | ||
| Type of Item | Diploma Work | ||
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| Bibliographic Citation | Nikolaos Apostolakis, "Simulation and inventory control in a food processing plant", Diploma Work, School of Production Engineering and Management, Technical University of Crete, Chania, Greece, 2023 https://doi.org/10.26233/heallink.tuc.97603 | ||
| Appears in Collections |
In this study, a production policy for different products -with a limited lifespan- producedin batches from a production line, is proposed. The finished products are transported tothe factory warehouse and are stored there under appropriate conditions until they arerequested and sold. The aim of the study is to simulate the system and to find the optimalbatch production policy from a family of policies characterized by specific operationalparameters. Specifically, the reorder point at which a production order is issued, themaximum inventory level at which production stops, and the batch size for each productare sought in order to minimize the system’s average monthly operating cost.
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