Optimal control policies for assemble-to-order systems with commitment lead time
نویسندگان
چکیده
منابع مشابه
Optimal Control of Assemble-to-Order Systems
We consider the optimal control of an assemble-to-order (ATO) system with m components, a single end-product, and n customer classes. Demand from each class occurs continuously over time according to a Poisson process. Components are produced in separate production facilities, each with a finite production rate and exponentially distributed production times. Components can be stocked ahead of d...
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Optimizing multi-product assemble-to-order (ATO) inventory systems is a long-standing difficult problem. We consider ATO systems with identical component lead times and a general ‘bill of materials’. We use a related two-stage stochastic program (SP) to set a lower bound on the average inventory cost and develop inventory control policies for the dynamic ATO system using this SP. We apply the f...
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We consider an assemble-to-order (ATO) N-system, in which there are two components and two products. One product requires only component-1, while the other product requires both components. The components are kept in stock and are procured from outside suppliers with fixed leadtimes. The final products are assembled only after customer orders are realized. Using a hybrid approach that combines ...
متن کاملExperimental Results Indicating Lattice-Dependent Policies May Be Optimal for General Assemble-To-Order Systems
We consider an assemble-to-order (ATO) system with multiple products, multiple components which may be demanded in different quantities by different products, possible batch ordering of components, random lead times, and lost sales. We model the system as an infinite-horizon Markov decision process under the average cost criterion. A control policy specifies when a batch of components should be...
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ژورنال
عنوان ژورنال: IISE Transactions
سال: 2019
ISSN: 2472-5854,2472-5862
DOI: 10.1080/24725854.2019.1589658