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Author:Molinder, A.
Title:Joint optimization of lot sizes, safety stocks and safety lead times in an MRP system (Durchlaufplanung; Lageroptimierungsmethode; Auftragsfertigung)
Journal:International Journal of Production Research
1997 : APR, VOL. 35:4, p. 983-994
Index terms:
Freeterms:OPTIMIERUNGSRECHNUNG, OPTIMALE LOSGRĂ–SSE
PROGNOSEMETHODEN
Language:eng
Abstract:This paper reports on a simulation study of an MRP system affected by stochastic demand and stochastic lead times. Experiments are conducted to assess the impact of the amount of lead time variability, the amount of demand variability, and the influence of the stockout cost/inventory holding cost ratio. The effect of either using safety stocks or safety lead times are compared to each other to find the best method for protection against uncertainties in lead time and demand.
SCIMA record nr: 166196
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