A simulation study for a hybrid inventory control strategy with advance demand information

被引：3
作者：
Claudio D. [1 ]
Zhang J. [1 ]
Zhang Y. [1 ]
机构：
[1] Department of Industrial and Manufacturing Engineering, Pennsylvania State University, University Park, PA 16802
来源：
International Journal of Industrial and Systems Engineering | 2010年 / 5卷 / 01期
关键词：
Advance demand information; Make-To-Order; Make-To-Stock; MTO; MTS; Production economics; Push/pull systems; Simulation;
D O I：
10.1504/IJISE.2010.029754
中图分类号：
学科分类号：
摘要：
Choosing the appropriate production and inventory control strategy is a key factor for the success of modern enterprises. Some industries adopt a Make-To-Order (MTO) policy to improve their punctuality and flexibility, while others adopt a Make-To-Stock (MTS) policy to minimise and control the inventory. This study proposes a hybrid strategy combining MTS and MTO with prioritisation. In the proposed strategy, the pull policy is considered for regular demands while a push policy with priority is applied to customers who notify their demand needs in advance. Through a set of simulation experiments this strategy is proved to be of great effectiveness. © 2010 Inderscience Enterprises Ltd.
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页码：1 / 19
页数：18
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