Chapter . A performance evaluation approach of an inventory system with batch orders
Jie LI, Alexandra SAVA, Xiaolan XIE
INRIAI / LGIPM, ISGMP-Bat A, He du Saulcy, 57045 Metz, France Tel: 33 3 87 54 73 64, Fax: 33 3 87 54 72 77, email: lifSloria.fr.savataenim.fr.xie@loria.fr
Abstract
This paper deals with an inventory system composed of a warehouse supplied from a manufacturing plant. Customer orders arrive randomly with random order size and the production capacity is finite. The inventory at the warehouse is controlled by a base-stock policy. Transportation time from plant to warehouse is a constant. An analytical approach is proposed to evaluate the order-to-delivery lead-time of the warehouse, the total inventory on order and the inventory holding ...
Get Intelligent Production Machines and Systems - First I*PROMS Virtual Conference now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.