Coordinated production - inventory decision in a multi-stage supply chain : the case of integer-powers-of-two multipliers mechanism | |
| Author | Kanokwan Singha |
| Call Number | AIT Thesis no.ISE-11-05 |
| Subject(s) | Business logistics Inventory control Inventories |
| Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial and Manufacturing Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Series Statement | Thesis ; no. ISE-11-05 |
| Abstract | Supply chain networks are found in many industrial applications. Most of companies attempt to increase their profits and reduce the cost. In fact, inventory management is one of the major points in supply chain management. This thesis deals with a three-stage supply chain model that consists of supplier stage, manufacturer stage and retailer stage in which the upstream firms can supply all downstream firms. A mathematical model is developed to help determine the optimal coordinated production inventory decisions in order to minimize total costs which includes ordering cost, production setup cost and inventory holding cost of the supply network. One of the three inventory coordination mechanism which is the integer-powers-of-two multipliers mechanism is considered. The model developed in this thesis is able to help minimize total cost of the whole supply chain by determining the optimal order quantities that the downstream firms should place to the upstream firms. The numerical experiments are also conducted to illustrate the applicability of the developed model. |
| Year | 2011 |
| Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. ISE-11-05 |
| 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;Bohez, Erik L.J. |
| Scholarship Donor(s) | Royal Thai Government Fellowship |
| Degree | Thesis (M. Eng.) - Asian Institute of Technology, 2011 |