Implementation of a demand planning system using advance order information
نویسندگان
چکیده
منابع مشابه
Advance Demand Information in a Multiproduct System
I this paper we examine the impact of different types of advance demand information on firm profit and on the benefits of resource flexibility. Specifically, we consider a firm that must choose capacities of resources that will be used to satisfy stochastic demand for multiple products, where demands follow a multivariate normal distribution. Prior to the capacity decision, the firm receives in...
متن کاملOptimization of two-stage production/inventory systems under order base stock policy with advance demand information
It is important to share demand information among the members in supply chains. In recent years, production and inventory systems with advance demand information (ADI) have been discussed, where advance demand information means the information of demand which the decision maker obtains before the corresponding actual demand arrives. Appropriate production and inventory control using demand info...
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We study an assemble-to-order system with stochastic leadtimes for component replenishment. There are multiple product types, of which orders arrive at the system following batch Poisson processes. Base-stock policies are used to control component inventories. We analyze the system as a set of queues driven by a common, multiclass batch Poisson input, and derive the joint queue-length distribut...
متن کاملAdvance Demand Information
To control a production-inventory system, a manager has to consider the variability in demand as well as variability in her production process. Both types of variability corrupt system performance and by alleviating either of them, the manager can improve the performance of the system. There has been a recent trend towards investing in better information systems to provide better advance demand...
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In this paper, we consider an inventory problem with two demand classes having different priorities. The appropriate policy of rationing the available stock, i.e. reserving some stock for meeting prospective future demand of preferred customers at the expense of deliberately losing some of the currently materialized demand of lower demand class(es), relies on the estimation of the future demand...
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ژورنال
عنوان ژورنال: International Journal of Production Economics
سال: 2010
ISSN: 0925-5273
DOI: 10.1016/j.ijpe.2010.07.003