Preface |
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xix | |
Acknowledgments |
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xxiii | |
Authors |
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xxv | |
Section I The Context And Importance Of Inventory Management And Production Planning |
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1 The Importance of Inventory Management and Production Planning and Scheduling |
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3 | (20) |
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1.1 Why Aggregate Inventory Investment Fluctuates: The Business Cycle |
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7 | (1) |
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1.2 Corporate Strategy and the Role of Top Management |
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8 | (2) |
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1.3 The Relationship of Finance and Marketing to Inventory Management and Production Planning and Scheduling |
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10 | (2) |
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10 | (1) |
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11 | (1) |
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12 | (5) |
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13 | (1) |
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13 | (2) |
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15 | (1) |
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16 | (1) |
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1.5 Measures of Effectiveness for Inventory Management and Production Planning and Scheduling Decisions |
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17 | (1) |
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18 | (1) |
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18 | (2) |
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20 | (3) |
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2 Frameworks for Inventory Management and Production Planning and Scheduling |
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23 | (50) |
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2.1 The Diversity of Stock-Keeping Units |
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23 | (1) |
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2.2 The Bounded Rationality of a Human Being |
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24 | (1) |
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2.3 Decision Aids for Managing Diverse Individual Items |
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25 | (1) |
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25 | (1) |
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25 | (1) |
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2.4 Frameworks for Inventory Management |
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26 | (5) |
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2.4.1 Functional Classifications of Inventories |
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26 | (2) |
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2.4.2 The A-B-C Classification as a Basis for Designing Individual Item Decision Models |
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28 | (3) |
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2.5 A Framework for Production Planning and Scheduling |
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31 | (9) |
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2.5.1 A Key Marketing Concept: The Product Life Cyde |
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31 | (2) |
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2.5.2 Different Types of Production Processes |
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33 | (4) |
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2.5.3 The Product-Process Matrix |
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37 | (3) |
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2.6 Costs and Other Important Factors |
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40 | (6) |
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40 | (4) |
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2.6.2 Other Key Variables |
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44 | (2) |
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2.7 Three Types of Modeling Strategies |
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46 | (1) |
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2.7.1 Detailed Modeling and Analytic Selection of the Values of a Limited Number of Decision Variables |
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47 | (1) |
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2.7.2 Broader-Scope Modeling with Less Optimization |
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47 | (1) |
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2.7.3 Minimization of Inventories with Little Modeling |
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47 | (1) |
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47 | (2) |
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2.9 Explicit Measurement of Costs |
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49 | (3) |
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2.10 Implicit Cost Measurement and Exchange Curves |
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52 | (1) |
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2.11 The Phases of a Major Study of an Inventory Management or Production Planning and Scheduling System |
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53 | (8) |
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54 | (1) |
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55 | (2) |
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57 | (1) |
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2.11.4 Choosing among Alternatives |
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57 | (1) |
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58 | (1) |
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58 | (1) |
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58 | (1) |
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59 | (1) |
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2.11.9 Physical Stock Counts |
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59 | (2) |
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61 | (1) |
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61 | (7) |
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Appendix 2A: The Lognormal Distribution |
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68 | (2) |
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70 | (3) |
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3 Forecasting Models and Techniques |
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73 | (72) |
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3.1 The Components of Time-Series Analysis |
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75 | (2) |
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3.2 The Three Steps Involved in Statistically Forecasting a Time Series |
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77 | (1) |
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3.3 Some Aggregate Medium-Range Forecasting Methods |
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78 | (3) |
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3.3.1 Regression Procedures |
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79 | (2) |
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3.4 Individual-Item, Short-Term Forecasting: Models and Procedures |
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81 | (23) |
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3.4.1 The Simple Moving Average |
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82 | (2) |
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3.4.2 Simple Exponential Smoothing |
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84 | (4) |
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3.4.3 Exponential Smoothing for a Trend Model |
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88 | (4) |
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3.4.4 Winters Exponential Smoothing Procedure for a Seasonal Model |
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92 | (9) |
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3.4.5 Selection of Smoothing Constants |
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101 | (3) |
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3.5 Measuring the Performance of a Forecasting Process |
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104 | (13) |
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3.5.1 Measures of Forecast Accuracy |
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105 | (4) |
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3.5.2 Estimating the Standard Deviation of Forecast Errors over a Lead Time |
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109 | (2) |
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111 | (4) |
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3.5.4 Corrective Actions in Statistical Forecasting |
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115 | (2) |
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3.5.5 Probability Distributions of Forecast Errors |
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117 | (1) |
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3.6 Handling Anomalous Demand |
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117 | (1) |
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3.7 Incorporation of Human Judgment |
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118 | (2) |
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3.7.1 Factors Where Judgment Input Is Needed |
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118 | (1) |
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3.7.2 Guidelines for the Input and Monitoring of Judgment |
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119 | (1) |
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3.8 Dealing with Special Classes of Individual Items |
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120 | (5) |
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3.8.1 Items with Limited History |
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120 | (2) |
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3.8.2 Intermittent and Erratic Demand |
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122 | (1) |
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3.8.3 Replacement or Service Parts |
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123 | (1) |
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124 | (1) |
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3.9 Assessing Forecasting Procedures: Tactics and Strategy |
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125 | (3) |
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3.9.1 Statistical Accuracy of Forecasts |
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125 | (1) |
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3.9.2 Some Issues of a More Strategic Nature |
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126 | (2) |
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128 | (7) |
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135 | (2) |
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137 | (8) |
Section II Replenishment Systems For Managing Individual Item Inventories Within A Firm |
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4 Order Quantities When Demand Is Approximately Level |
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145 | (54) |
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4.1 Assumptions Leading to the Basic EOQ |
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146 | (1) |
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4.2 Derivation of the EOQ |
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147 | (5) |
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4.2.1 Numerical Illustration |
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151 | (1) |
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152 | (2) |
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154 | (1) |
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4.4.1 Numerical Illustration |
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155 | (1) |
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155 | (5) |
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4.5.1 Numerical Illustrations |
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158 | (1) |
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4.5.2 Item A (An Illustration of Case a of Figure 4.5) |
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159 | (1) |
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4.5.3 Item B (An Illustration of Case b of Figure 4.5) |
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159 | (1) |
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4.5.4 Item C (An Illustration of Case c of Figure 4.5) |
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160 | (1) |
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4.6 Accounting for inflation |
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160 | (4) |
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4.6.1 Price Established Independent of Ordering Policy |
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161 | (2) |
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4.6.2 Price Set as a Fixed Fractional Markup on Unit Variable Cost |
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163 | (1) |
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4.7 Limits on order sizes |
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164 | (2) |
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4.7.1 Maximum Time Supply or Capacity Restriction |
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164 | (1) |
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4.7.2 Minimum Order Quantity |
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165 | (1) |
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165 | (1) |
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4.8 Finite Replenishment Rate: The Economic Production Quantity |
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166 | (2) |
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4.9 Incorporation of Other Factors |
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168 | (8) |
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4.9.1 Nonzero Constant Lead Time That Is Known with Certainty |
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168 | (1) |
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4.9.2 Nonzero Payment Period |
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169 | (1) |
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4.9.3 Different Types of Carrying Charge |
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169 | (1) |
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4.9.4 Multiple Setup Costs: Freight Discounts |
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170 | (2) |
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4.9.5 A Special Opportunity to Procure |
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172 | (4) |
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4.10 Selection of the Carrying Charge (r), the Fixed Cost per Replenishment (A) , or the Ratio A/r Based on Aggregate Considerations: The Exchange Curve |
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176 | (3) |
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4.10.1 Exchange Curve Illustration |
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177 | (2) |
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179 | (1) |
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179 | (8) |
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187 | (6) |
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193 | (6) |
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5 Lot Sizing for Individual Items with Time-Varying Demand |
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199 | (38) |
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5.1 The Complexity of Time-Varying Demand |
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200 | (1) |
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5.2 The Choice of Approaches |
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201 | (1) |
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5.3 General Assumptions and a Numerical Example |
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202 | (2) |
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202 | (1) |
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5.3.2 A Numerical Example |
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203 | (1) |
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204 | (1) |
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5.5 The Wagner-Whitin Method: An "Optimal" Solution under an Additional Assumption |
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205 | (7) |
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206 | (3) |
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5.5.2 Potential Drawbacks of the Algorithm |
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209 | (3) |
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5.6 Heuristic Approaches for a Significantly Variable Demand Pattern |
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212 | (9) |
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5.6.1 The SilverMeal, or Least Period Cost, Heuristic |
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212 | (4) |
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5.6.2 The EOQ Expressed as a Time Supply (POQ) |
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216 | (1) |
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216 | (1) |
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216 | (1) |
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5.6.5 Part-Period Balancing |
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216 | (2) |
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5.6.6 Performance of the Heuristics |
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218 | (1) |
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5.6.7 When to Use Heuristics |
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219 | (1) |
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5.6.8 Sensitivity to Errors in Parameters |
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220 | (1) |
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5.6.9 Reducing System Nervousness |
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221 | (1) |
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5.7 Handling of Quantity Discounts |
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221 | (2) |
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5.8 Aggregate Exchange Curves |
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223 | (1) |
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223 | (1) |
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223 | (9) |
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Appendix 5A: Dynamic Programming and Linear Programming Formulations |
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232 | (1) |
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233 | (4) |
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6 Individual Items with Probabilistic Demand |
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237 | (82) |
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6.1 Some Important Issues and Terminology |
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238 | (2) |
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6.1.1 Different Definitions of Stock Level |
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238 | (1) |
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6.1.2 Backorders versus Lost Sales |
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239 | (1) |
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6.1.3 Three Key Issues to Be Resolved by a Control System under Probabilistic Demand |
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239 | (1) |
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6.2 The Importance of the Item: A, B, and C Classification |
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240 | (1) |
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6.3 Continuous versus Periodic Review |
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240 | (1) |
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6.4 The Form of the Inventory Policy: Four Types of Control Systems |
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241 | (4) |
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6.4.1 Order-Point, Order-Quantity (s, Q) System |
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242 | (1) |
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6.4.2 Order-Point, Order-Up-to-Level (s, S) System |
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242 | (1) |
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6.4.3 Periodic-Review, Order-Up-to-Level (R, S) System |
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243 | (1) |
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244 | (1) |
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6.5 Specific Cost and Service Objectives |
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245 | (5) |
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6.5.1 Choosing the Best Approach |
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246 | (1) |
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6.5.2 SSs Established through the Use of a Simple-Minded Approach |
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246 | (2) |
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6.5.3 SSs Based on Minimizing Cost |
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248 | (1) |
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6.5.4 SSs Based on Customer Service |
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248 | (2) |
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6.5.5 SSs Based on Aggregate Considerations |
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250 | (1) |
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6.6 Two Examples of Finding the Reorder Point s in a Continuous-Review, Order-Point, Order-Quantity (s, Q) System |
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250 | (6) |
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6.6.1 Protection over the Replenishment Lead Time |
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251 | (1) |
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6.6.2 An Example Using a Discrete Distribution |
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252 | (4) |
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6.7 Decision Rules for Continuous-Review, Order-Point, Order-Quantity (s, Q) Control Systems |
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256 | (21) |
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6.7.1 Common Assumptions and Notation |
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257 | (2) |
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6.7.2 General Approach to Establishing the Value of s |
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259 | (1) |
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260 | (3) |
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6.7.4 Decision Rule for a Specified Safety Factor (k) |
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263 | (1) |
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6.7.5 Decision Rule for a Specified Cost (B1) per Stockout Occasion |
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263 | (3) |
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6.7.6 Decision Rule for a Specified Fractional Charge (B2) per Unit Short |
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266 | (2) |
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6.7.7 Decision Rule for a Specified Fractional Charge (B3) per Unit Short per Unit Time |
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268 | (1) |
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6.7.8 Decision Rule for a Specified Charge (B4) per Customer Line Item Short |
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269 | (1) |
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6.7.9 Decision Rule for a Specified Probability (P1) of No Stockout per Replenishment Cycle |
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269 | (2) |
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6.7.10 Decision Rule for a Specified Fraction (P2) of Demand Satisfied Directly from Shelf |
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271 | (2) |
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6.7.11 Decision Rule for a Specified Average Time (TBS) between Stockout Occasions |
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273 | (1) |
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6.7.12 Decision Rule for the Allocation of a TSS to Minimize the ETSOPY |
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274 | (1) |
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6.7.13 Decision Rule for the Allocation of a TSS to Minimize the ETVSPY |
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274 | (1) |
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6.7.14 Nonnormal Lead Time Demand Distributions |
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275 | (2) |
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6.8 Implied Costs and Performance Measures |
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277 | (1) |
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6.9 Decision Rules for Periodic-Review, Order-Up-to-Level (R, S) Control Systems |
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277 | (5) |
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6.9.1 The Review Interval (R) |
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278 | (1) |
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6.9.2 The Order-Up-to-Level (5) |
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278 | (2) |
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6.9.3 Common Assumptions and Notation |
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280 | (1) |
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280 | (2) |
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6.10 Variability in the Replenishment Lead Time Itself |
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282 | (4) |
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6.10.1 Approach 1: Use of the Total Demand over the Full Lead Time |
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283 | (1) |
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6.10.2 Approach 2: Use of the Distribution of Demand Rate per Unit Time Combined with the Lead Time Distribution |
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284 | (1) |
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6.10.3 Nonnormal Distributions |
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285 | (1) |
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6.11 Exchange Curves Involving SSs for (s, Q) Systems |
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286 | (8) |
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6.11.1 Single Item Exchange Curve: Inventory versus Service |
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287 | (1) |
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6.11.2 An Illustration of the Impact of Moving Away from Setting Reorder Points as Equal Time Supplies |
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288 | (2) |
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6.11.3 Derivation of the SS Exchange Curves |
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290 | (3) |
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6.11.4 Composite Exchange Curves |
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293 | (1) |
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294 | (1) |
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295 | (9) |
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Appendix 6A: Some Illustrative Derivations and Approximations |
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304 | (8) |
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312 | (7) |
Section III Special Classes Of Items |
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7 Managing the Most Important Inventories |
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319 | (32) |
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7.1 Nature of Class A Items |
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319 | (1) |
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7.2 Guidelines for Control of A Items |
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320 | (2) |
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7.3 Simultaneous Determination of s and Q for Fast-Moving Items |
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322 | (5) |
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323 | (2) |
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325 | (1) |
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325 | (2) |
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7.4 Decision Rules for (s, S) Systems |
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327 | (5) |
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7.4.1 Simple Sequential Determination of s and S |
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328 | (1) |
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7.4.2 Simultaneous Selection of s and S Using the Undershoot Distribution |
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328 | (3) |
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7.4.3 Comparison of the Methods |
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331 | (1) |
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7.5 Decision Rules for (R, s, S) Systems |
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332 | (5) |
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7.5.1 Decision Rule for a Specified Fractional Charge (B3) per Unit Short at the End of Each Period |
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332 | (2) |
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7.5.2 Decision Rule for a Specified Fraction (P2) of Demand Satisfied Directly from Shelf |
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334 | (3) |
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7.6 Coping with Nonstationary Demand |
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337 | (2) |
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7.7 Comments on Multiple Sources of Supply and Expediting |
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339 | (2) |
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341 | (1) |
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341 | (4) |
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Appendix 7A: Simultaneous Solutions for Two Control Parameters |
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345 | (1) |
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346 | (5) |
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8 Managing Slow-Moving and Low-Value (Class C) Inventories |
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351 | (36) |
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8.1 Order-Point, Order-Quantity (s, Q) Systems for Slow-Moving A Items |
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351 | (6) |
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8.1.1 B2 Cost Measure for Very-Slow-Moving, Expensive Items (Q = 1) |
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353 | (3) |
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8.1.2 Case of Q greater than or equal to 1 and a B1 Cost Structure |
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356 | (1) |
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8.1.3 Simultaneous Determination of s and Q for Slow-Moving Items |
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356 | (1) |
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8.2 Controlling the Inventories of Intermittent Demand Items |
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357 | (1) |
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358 | (1) |
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8.4 Control of C Items Having Steady Demand |
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359 | (4) |
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359 | (1) |
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8.4.2 Selecting the Reorder Quantity (or Reorder Interval) |
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359 | (1) |
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8.4.3 Selecting the Reorder Point (or Order-up-to Level) |
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360 | (1) |
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8.4.4 Two-Bin System Revisited |
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361 | (1) |
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8.4.5 Simple Form of the (R, S) System |
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362 | (1) |
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363 | (1) |
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8.5 Control of Items with Declining Demand Patterns |
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363 | (2) |
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8.5.1 Establishing the Timing and Sizes of Replenishments under Deterministic Demand |
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363 | (1) |
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8.5.2 Sizing of the Final Replenishment under Probabilistic Demand |
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364 | (1) |
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8.6 Reducing Excess Inventories |
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365 | (6) |
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8.6.1 Review of the Distribution by Value |
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366 | (2) |
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8.6.2 Rule for the Disposal Decision |
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368 | (2) |
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8.6.3 Options for Disposing of Excess Stock |
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370 | (1) |
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8.7 Stocking versus Not Stocking an Item |
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371 | (3) |
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371 | (1) |
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8.7.2 Simple Decision Rule |
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372 | (1) |
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373 | (1) |
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374 | (1) |
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374 | (5) |
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Appendix 8A: Poisson Distribution and Some Derivations |
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379 | (5) |
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384 | (3) |
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9 Style Goods and Perishable Items |
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387 | (50) |
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388 | (1) |
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9.2 Simplest Case: Unconstrained, Single-Item, Newsvendor Problem |
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389 | (8) |
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9.2.1 Determination of the Order Quantity by Marginal Analysis |
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389 | (2) |
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9.2.2 An Equivalent Result Obtained through Profit Maximization |
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391 | (1) |
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9.2.3 Case of Normally Distributed Demand |
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392 | (2) |
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9.2.4 Case of a Fixed Charge to Place the Order |
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394 | (1) |
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9.2.5 Case of Discrete Demand |
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395 | (2) |
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9.3 Single-Period, Constrained, Multi-Item Situation |
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397 | (4) |
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9.3.1 Numerical Illustration |
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399 | (2) |
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9.4 Postponed Product Differentiation |
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401 | (7) |
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9.4.1 Value of Delayed Financial Commitment |
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402 | (1) |
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9.4.2 Value of Flexibility |
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403 | (5) |
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9.5 More than One Period in Which to Prepare for the Selling Season |
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408 | (1) |
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9.6 Multiperiod Newsvendor Problem |
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408 | (1) |
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9.7 Other Issues Relevant to the Control of Style Goods |
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409 | (4) |
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9.7.1 Updating of Forecasts |
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409 | (1) |
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9.7.2 Reorders and Markdowns |
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410 | (1) |
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9.7.3 Reserving Capacity Ahead of Time |
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411 | (1) |
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9.7.4 Inventory Policies for Common Components |
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411 | (1) |
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412 | (1) |
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9.8 Inventory Control of Perishable Items |
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413 | (1) |
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414 | (1) |
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414 | (8) |
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422 | (5) |
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427 | (10) |
Section IV Managing Inventory Across Multiple Locations And Multiple Firms |
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10 Coordinated Replenishments at a Single Stocking Point |
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437 | (50) |
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10.1 Advantages and Disadvantages of Coordination |
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438 | (1) |
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10.2 Deterministic Case: Selection of Replenishment Quantities in a Family of Items |
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439 | (4) |
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439 | (1) |
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440 | (3) |
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10.2.3 A Bound on the Cost Penalty of the Heuristic Solution |
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443 | (1) |
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10.3 Deterministic Case with Group Discounts |
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443 | (4) |
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10.3.1 Numerical Illustration |
|
|
446 | (1) |
|
10.4 Case of Probabilistic Demand and No Quantity Discounts |
|
|
447 | (4) |
|
10.4.1 (S, c, s), or Can-Order, Systems |
|
|
448 | (1) |
|
10.4.2 Periodic Review System |
|
|
448 | (3) |
|
10.5 Probabilistic Demand and Quantity Discounts |
|
|
451 | (5) |
|
10.5.1 A Full Truckload Application |
|
|
453 | (1) |
|
10.5.2 Numerical Illustration |
|
|
454 | (2) |
|
10.6 Production Environment |
|
|
456 | (8) |
|
10.6.1 Case of Constant Demand and Capacity: Economic Lot Scheduling Problem |
|
|
456 | (5) |
|
10.6.2 Case of Time-Varying Demand and Capacity: Capacitated Lot Sizing |
|
|
461 | (2) |
|
10.6.3 Probabilistic Demand: The Stochastic Economic Lot Scheduling Problem |
|
|
463 | (1) |
|
10.7 Shipping Consolidation |
|
|
464 | (1) |
|
|
465 | (1) |
|
|
465 | (9) |
|
Appendix 10A: Derivation of Results in Section 10.2 |
|
|
474 | (3) |
|
|
477 | (10) |
|
11 Multiechelon Inventory Management |
|
|
487 | (56) |
|
11.1 Multiechelon Inventory Management |
|
|
487 | (2) |
|
11.2 Structure and Coordination |
|
|
489 | (2) |
|
11.3 Deterministic Demand |
|
|
491 | (7) |
|
11.3.1 Sequential Stocking Points with Level Demand |
|
|
491 | (4) |
|
11.3.2 Other Results for the Case of Level Demand |
|
|
495 | (1) |
|
11.3.3 Multiechelon Stocking Points with Time-Varying Demand |
|
|
496 | (2) |
|
11.4 Probabilistic Demand |
|
|
498 | (15) |
|
11.4.1 Base Stock Control System |
|
|
501 | (2) |
|
|
503 | (3) |
|
11.4.3 Arborescent Situation |
|
|
506 | (7) |
|
11.5 Remanufacturing and Product Recovery |
|
|
513 | (10) |
|
11.5.1 Multiechelon Situation with Probabilistic Usage and One-for-One Ordering |
|
|
515 | (5) |
|
11.5.2 Some Extensions of the Multiechelon Repair Situation |
|
|
520 | (1) |
|
11.5.3 Some Insights and Results for the More General Context of Remanufacturing and Product Recovery |
|
|
521 | (2) |
|
|
523 | (3) |
|
11.6.1 Economic Incentives to Centralize Stocks |
|
|
523 | (2) |
|
11.6.2 Where to Deploy Stock |
|
|
525 | (1) |
|
11.6.3 Lateral Transshipments |
|
|
526 | (1) |
|
|
526 | (1) |
|
|
526 | (4) |
|
Appendix 11A: Derivation of the Logic for Computing the Best Replenishment Quantities in a Deterministic, Two-Stage Process |
|
|
530 | (1) |
|
|
531 | (12) |
|
12 Coordinating Inventory Management in the Supply Chain |
|
|
543 | (18) |
|
12.1 Information Distortion in a Supply Chain |
|
|
544 | (2) |
|
12.2 Collaboration and Information Sharing |
|
|
546 | (2) |
|
12.2.1 Sales and Operations Planning |
|
|
546 | (1) |
|
12.2.2 Collaborative Forecasting |
|
|
547 | (1) |
|
12.3 Vendor-Managed Inventory |
|
|
548 | (1) |
|
|
548 | (7) |
|
12.4.1 Wholesale Price Contract |
|
|
549 | (2) |
|
|
551 | (2) |
|
12.4.3 Revenue-Sharing Contract |
|
|
553 | (1) |
|
12.4.4 Service-Level Agreements |
|
|
554 | (1) |
|
12.4.5 Challenges Implementing Coordinating Agreements |
|
|
554 | (1) |
|
|
555 | (1) |
|
|
555 | (1) |
|
|
556 | (5) |
Section V Production Management |
|
|
13 An Overall Framework for Production Planning and Scheduling |
|
|
561 | (20) |
|
13.1 Characteristics of Different Production Processes |
|
|
561 | (3) |
|
13.2 A Framework for Production Decision Making |
|
|
564 | (7) |
|
13.2.1 A Review of Anthony's Hierarchy of Managerial Decisions |
|
|
564 | (1) |
|
13.2.2 Integration at the Operational Level |
|
|
565 | (1) |
|
|
565 | (6) |
|
13.3 Options in Dealing with the Hierarchy of Decisions |
|
|
571 | (5) |
|
13.3.1 Monolithic Modeling Approach |
|
|
571 | (1) |
|
13.3.2 Implicit Hierarchical Planning |
|
|
572 | (1) |
|
13.3.3 Explicit Hierarchical Planning |
|
|
572 | (1) |
|
13.3.4 The HaxMeal Hierarchical Planning System |
|
|
573 | (3) |
|
|
576 | (1) |
|
|
577 | (1) |
|
|
577 | (4) |
|
14 Medium-Range Aggregate Production Planning |
|
|
581 | (40) |
|
14.1 The Aggregate Planning Problem |
|
|
581 | (4) |
|
|
585 | (5) |
|
14.2.1 Costs of Regular-Time Production |
|
|
585 | (2) |
|
|
587 | (1) |
|
14.2.3 Costs of Changing the Production Rate |
|
|
587 | (1) |
|
14.2.4 Inventory Associated Costs |
|
|
588 | (1) |
|
14.2.5 Costs of Insufficient Capacity in the Short Run |
|
|
589 | (1) |
|
14.3 The Planning Horizon |
|
|
590 | (1) |
|
14.4 Two Pure Strategies: Level and Chase |
|
|
591 | (1) |
|
14.5 Feasible Solution Methods |
|
|
592 | (7) |
|
|
592 | (1) |
|
14.5.2 An Example of a GraphicTabular Method |
|
|
593 | (6) |
|
14.6 Linear Programming Models |
|
|
599 | (4) |
|
14.6.1 Strengths and Weaknesses |
|
|
601 | (1) |
|
14.6.2 The Inclusion of Integer Variables in LP Formulations |
|
|
602 | (1) |
|
14.6.3 The Land Algorithm |
|
|
603 | (1) |
|
14.7 Simulation Search Procedures |
|
|
603 | (2) |
|
14.8 Modeling the Behavior of Managers |
|
|
605 | (2) |
|
14.8.1 Management Coefficients Models |
|
|
605 | (2) |
|
14.8.2 Manpower Decision Framework |
|
|
607 | (1) |
|
14.9 Planning for Adjustments Recognizing Uncertainty |
|
|
607 | (2) |
|
14.9.1 The Production-Switching Heuristic |
|
|
608 | (1) |
|
|
609 | (1) |
|
|
610 | (7) |
|
|
617 | (4) |
|
15 Material Requirements Planning and Its Extensions |
|
|
621 | (40) |
|
15.1 The Complexity of Multistage Assembly Manufacturing |
|
|
622 | (1) |
|
15.2 The Weaknesses of Traditional Replenishment Systems in a Manufacturing Setting |
|
|
623 | (1) |
|
|
624 | (2) |
|
15.4 Material Requirements Planning |
|
|
626 | (16) |
|
15.4.1 Some Important Terminology |
|
|
626 | (4) |
|
15.4.2 Information Required for MRP |
|
|
630 | (1) |
|
15.4.3 The General Approach of MRP |
|
|
630 | (3) |
|
15.4.4 A Numerical Illustration of the MRP Procedure |
|
|
633 | (6) |
|
15.4.5 The Material Requirements Plan and Its Uses |
|
|
639 | (1) |
|
15.4.6 Low-Value, Common-Usage Items |
|
|
639 | (1) |
|
|
639 | (1) |
|
15.4.8 Handling Requirements Updates |
|
|
640 | (1) |
|
15.4.9 Coping with Uncertainty in MRP |
|
|
641 | (1) |
|
15.5 Capacity Requirements Planning |
|
|
642 | (2) |
|
15.6 Distribution Requirements Planning |
|
|
644 | (1) |
|
|
645 | (2) |
|
|
647 | (3) |
|
15.8.1 Enhancements to ERP Systems |
|
|
649 | (1) |
|
|
650 | (1) |
|
|
650 | (6) |
|
|
656 | (5) |
|
16 Just-in-Time, Optimized Production Technology and Short-Range Production Scheduling |
|
|
661 | (52) |
|
16.1 Production Planning and Scheduling in Repetitive Situations: Just-in-Time |
|
|
662 | (9) |
|
|
662 | (2) |
|
16.1.2 Kanban Control System |
|
|
664 | (5) |
|
16.1.3 Benefits and Weaknesses of JIT |
|
|
669 | (2) |
|
16.2 Planning and Scheduling in Situations with Bottlenecks: Optimized Production Technology |
|
|
671 | (8) |
|
|
671 | (5) |
|
16.2.2 Drum-Buffer-Rope Scheduling |
|
|
676 | (1) |
|
16.2.3 A Related System: CONWIP |
|
|
677 | (1) |
|
16.2.4 Benefits and Weaknesses of OPT |
|
|
678 | (1) |
|
16.3 Short-Range Production Scheduling |
|
|
679 | (20) |
|
16.3.1 Issues in Short-Term Scheduling |
|
|
680 | (4) |
|
16.3.2 Techniques for Short-Term Scheduling |
|
|
684 | (4) |
|
16.3.3 Deterministic Scheduling of a Single Machine: Priority Sequencing Rules |
|
|
688 | (4) |
|
16.3.4 General Job Shop Scheduling |
|
|
692 | (7) |
|
|
699 | (1) |
|
|
699 | (4) |
|
Appendix 16A: Proof that SPT Minimizes Total Flowtime |
|
|
703 | (1) |
|
|
704 | (9) |
|
|
713 | (4) |
|
|
713 | (1) |
|
|
714 | (1) |
|
|
715 | (2) |
Appendix I: Elements of Lagrangian Optimization |
|
717 | (6) |
Appendix II: The Normal Probability Distribution |
|
723 | (20) |
Appendix III: Approximations and Excel Functions |
|
743 | (6) |
Author Index |
|
749 | (18) |
Subject Index |
|
767 | |