A model of JIT make-to-stock inventory with stochastic demand
نویسندگان
چکیده
منابع مشابه
A model of JIT make-to-stock inventory with stochastic demand
We consider a firm that manages its internal manufacturing operations according to a just-in-time (JIT) system but maintains an inventory of finished goods as a buffer against random demands from external customers. We formulate a model in which finished goods are replenished by a small fixed quantity each time period. In the interest of schedule stability, the size of the replenishment quantit...
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ژورنال
عنوان ژورنال: Journal of the Operational Research Society
سال: 1997
ISSN: 0160-5682,1476-9360
DOI: 10.1057/palgrave.jors.2600450