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Multi-Stage Production Planning and Inventory Control

  • Conference proceedings
  • © 1986

Overview

Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 266)

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Table of contents (12 papers)

  1. Some Modelling Theoretic Remarks on Multi-Stage Production Planning

Keywords

About this book

This paper treats a two-echelon inventory system. The higher echelon is a single location reffered to as the depot, which places orders for supply of a single com­ modity. The lower echelon consists of several points, called the retailers, which are supplied by shipments from the depot, and at which random demands for the item occur. Stocks are reviewed and decisions are made periodically. Orders and/or shipments may each require a fixed lead time before reaching their respective desti­ nations. Section II gives a short literature review of distribution research. Section III introduces the multi-echelon distribution system together with the underlying as­ sumptions and gives a description of how this problem can be viewed as a Markovian Decision Process. Section IV discusses the concept of cost modifications in a distribution context. Section V presents the test-examples together with their optimal solutions and also gives the characteristic properties of these optimal solutions. These properties then will be used in section VI to give adapted ver­ sions of various heuristics which were used in assembly experiments previously and which will be tested against the test-examples.

Editors and Affiliations

  • Division of Transportation and Material Flow Systems, University of Technology, Lulea, Sweden

    Sven Axsäter

  • Lehrstuhl für Allgemeine Betriebswirtschaftslehre und Unternehmensforschung, Universität Mannheim, Mannheim, Germany

    Christoph Schneeweiss

  • Faculty of Management, University of Calgary, Calgary, Canada

    Edward Silver

Bibliographic Information

  • Book Title: Multi-Stage Production Planning and Inventory Control

  • Editors: Sven Axsäter, Christoph Schneeweiss, Edward Silver

  • Series Title: Lecture Notes in Economics and Mathematical Systems

  • DOI: https://doi.org/10.1007/978-3-642-51693-1

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1986

  • Softcover ISBN: 978-3-540-16436-4Published: 01 March 1986

  • eBook ISBN: 978-3-642-51693-1Published: 06 December 2012

  • Series ISSN: 0075-8442

  • Series E-ISSN: 2196-9957

  • Edition Number: 1

  • Number of Pages: V, 264

  • Number of Illustrations: 2 b/w illustrations

  • Topics: Operations Management

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