Strategic Inventory Positioning in BOM with Multiple Parents Using ASR Lead Time
Joint Authors
Source
Mathematical Problems in Engineering
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-03-16
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
In order to meet the lead time that the customers require, work-in-process inventory (WIPI) is necessary at almost every station in most make-to-order manufacturing.
Depending on the station network configuration and lead time at each station, some of the WIPI do not contribute to reducing the manufacturing lead time of the final product at all.
Therefore, it is important to identify the optimal set of stations to hold WIPI such that the total inventory holding cost is minimized, while the required due date for the final product is met.
The authors have presented a model to determine the optimal position and quantity of WIPI for a given simple bill of material (S-BOM), in which any part in the BOM has only one immediate parent node.
In this paper, we extend the previous study to the general BOM (G-BOM) in which parts in the BOM can have more than one immediate parent and present a new solution procedure using genetic algorithm.
American Psychological Association (APA)
Jiang, Jingjing& Rim, Suk-Chul. 2016. Strategic Inventory Positioning in BOM with Multiple Parents Using ASR Lead Time. Mathematical Problems in Engineering،Vol. 2016, no. 2016, pp.1-9.
https://search.emarefa.net/detail/BIM-1112849
Modern Language Association (MLA)
Jiang, Jingjing& Rim, Suk-Chul. Strategic Inventory Positioning in BOM with Multiple Parents Using ASR Lead Time. Mathematical Problems in Engineering No. 2016 (2016), pp.1-9.
https://search.emarefa.net/detail/BIM-1112849
American Medical Association (AMA)
Jiang, Jingjing& Rim, Suk-Chul. Strategic Inventory Positioning in BOM with Multiple Parents Using ASR Lead Time. Mathematical Problems in Engineering. 2016. Vol. 2016, no. 2016, pp.1-9.
https://search.emarefa.net/detail/BIM-1112849
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1112849