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Coordinated production : inventory decision in a multi-stage supply chain | |
Author | Nguyen Ngoc An Dien |
Call Number | AIT Thesis no.ISE-09-32 |
Subject(s) | Inventories Decision making Business logistics |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering inIndustrial and ManufacturingEngineering, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. ISE-09-32 |
Abstract | In this research, a three-stage supply chain model is consideredin which a firm can supply many customers. Moreover, the downstream firmscanorder raw materials from many upstream firms and all upstream companies are not necessary in operation. A mathematical model is developed to help determine the optimal total cost which includes the inventory holding cost, the setup cost and the ordering cost.Two inventory coordination mechanisms which arethe equal cycle time and the integer multiplier cycle time analyzed. The objective is to determine the optimal lead time T and the optimal ordering amountswhich are placedto the upstream firms from the downstream firms that minimized the total cost of the whole multi-stage supply chain. To accomplish this, aninteger nonlinear program is formulated and solved. The numerical results are conductedto illustrate the applicabilityof the developed model.It can be concluded that the proposedmodel is useful for makingoptimal coordinated production –inventory decisions in a multi-stage supply chain. |
Year | 2009 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. ISE-09-32 |
Type | Thesis |
School | School of Engineering and Technology (SET) |
Department | Department of Industrial Systems Engineering (DISE) |
Academic Program/FoS | Industrial Systems Engineering (ISE) |
Chairperson(s) | Huynh Trung Luong |
Examination Committee(s) | Voratas Kachitvichyanukul;Pisut Koomsap |
Scholarship Donor(s) | Asian Institute of Technology Fellowship |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 2009 |