The impact of product configurators on lead times in engineering-oriented companies.
Anders HaugLars HvamNiels Henrik MortensenPublished in: Artif. Intell. Eng. Des. Anal. Manuf. (2011)
Keyphrases
- lead time
- single product
- manufacturing companies
- supply chain
- customer demand
- inventory systems
- expected profit
- holding cost
- assembly systems
- lot sizing
- service level
- base stock policy
- single item
- inventory control
- poisson process
- random variables
- total cost
- stochastic inventory
- stochastic lead times
- lost sales
- setup cost
- planning horizon
- inventory level
- inventory management
- finite horizon
- infinite horizon
- probabilistic model
- cost function