A heuristic to control integrated multi-product multi-machine production-inventory systems with job shop routings and stochastic arrival, set-up and processing times

P.L.M. Nyen (), J.W.M. Bertrand (), H.P.G. Ooijen () and N.J. Vandaele ()
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P.L.M. Nyen: Technische Universiteit Eindhoven
J.W.M. Bertrand: Technische Universiteit Eindhoven
H.P.G. Ooijen: Technische Universiteit Eindhoven
N.J. Vandaele: University of Antwerp

A chapter in Stochastic Modeling of Manufacturing Systems, 2006, pp 253-288 from Springer

Abstract: Abstract This paper investigates a multi-product multi-machine production-inventory system, characterized by job shop routings and stochastic demand interarrival times, set-up times and processing times. The inventory points and the production system are controlled integrally by a centralized decision maker. We present a heuristic that minimizes the relevant costs by making near-optimal production and inventory control decisions while target customer service levels are satisfied. The heuristic is tested in an extensive simulation study and the results are discussed.

Keywords: Production-inventory system; Queueing network analyser; Production control; Inventory control; Performance analysis (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-29057-5_11

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DOI: 10.1007/3-540-29057-5_11

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