Monitoring processes through inventory and manufacturing lead time.
Lluis Cuatrecasas-ArbosJordi Fortuny-SantosPatxi Ruiz-de-Arbulo-LopezCarla Vintro-SanchezPublished in: Ind. Manag. Data Syst. (2015)
Keyphrases
- lead time
- supply chain
- multi echelon
- service level
- inventory systems
- inventory control
- assembly systems
- lot sizing
- single product
- single item
- stochastic lead times
- holding cost
- infinite horizon
- setup cost
- production planning
- optimal base stock levels
- planning horizon
- inventory level
- lot size
- lost sales
- periodic review
- single stage
- total cost
- random variables
- stochastic demand
- manufacturing systems
- reorder point
- decision making
- utility function
- base stock levels