Queueing Model Improves IBM's Semiconductor Capacity and Lead-Time Management.
Steven M. BrownThomas HanschkeIngo MeentsBenjamin R. WheelerHorst ZisgenPublished in: Interfaces (2010)
Keyphrases
- lead time
- queueing model
- independent and identically distributed
- arrival rate
- holding cost
- service level
- supply chain
- steady state
- call center
- queue length
- random variables
- expected profit
- inventory systems
- lot sizing
- customer demand
- service times
- single item
- poisson process
- single server
- heavy traffic
- total cost
- inventory control
- single product
- setup cost
- decision making
- base stock policy
- stochastic demand
- traffic intensity
- offered load
- stationary distribution
- planning horizon
- asymptotically optimal
- infinite horizon
- dynamic programming