Improving lead time of pharmaceutical production processes using Monte Carlo simulation.
Lukas Gallus EberleHirokazu SugiyamaRainer SchmidtPublished in: Comput. Chem. Eng. (2014)
Keyphrases
- monte carlo simulation
- lead time
- production processes
- monte carlo
- supply chain
- markov chain
- production process
- service level
- single item
- lot sizing
- replenishment policy
- inventory systems
- inventory control
- assembly systems
- lot size
- setup cost
- cost reduction
- stochastic lead times
- machine learning
- infinite horizon
- single product
- expert systems
- planning horizon
- customer demand
- total cost
- independent and identically distributed
- random variables
- optimization problems
- data mining