Base stock versus WIP cap in single-stage make-to-stock production–inventory systems

@article{Liberopoulos2002BaseSV,
  title={Base stock versus WIP cap in single-stage make-to-stock production–inventory systems},
  author={G. Liberopoulos and Y. Dallery},
  journal={IIE Transactions},
  year={2002},
  volume={34},
  pages={627-636}
}
A single-stage production–inventory system produces parts in a make-to-stock mode, and unsatisfied demand is backordered. The system operates under a so-called base stock with WIP cap replenishment policy, which works as follows. Whenever the Work-In-Process (WIP) plus finished goods inventory falls below a specified level, called base stock, a replenishment order for the production of a new part is issued. If the WIP inventory is below a different specified level, called WIP cap, the order… Expand
14 Citations
Analysis of base-stock controlled production-inventory system using discrete-time queueing models
  • S. Jain, N. Raghavan
  • Computer Science
  • IEEE International Conference on Automation Science and Engineering, 2005.
  • 2005
  • 3
A framework for creating production and inventory control strategies
  • 3
  • PDF
Comparative modelling of multi-stage production-inventory control policies with lot sizing
  • 40
  • PDF
Empirical Studies in Discrete Parts Manufacturing Management
  • 9
  • PDF
Random Demand Satisfaction in Unreliable Production–Inventory–Customer Systems
  • 13
  • PDF
Performance comparison of multiple product kanban control systems
  • 10
...
1
2
...

References

SHOWING 1-10 OF 24 REFERENCES
Setting base stock levels using product-form queueing networks
  • 41
Optimal Control of a Two-Station Tandem Production/Inventory System
  • 137
  • Highly Influential
  • PDF
On the optimization of a single-stage generalized kanban control system in manufacturing
  • G. Liberopoulos, Y. Dallery
  • Engineering
  • Proceedings 1995 INRIA/IEEE Symposium on Emerging Technologies and Factory Automation. ETFA'95
  • 1995
  • 9
An adaptive approach to controlling kanban systems
  • 141
Queueing models of Kanban and MRP controlled production systems
  • 143
  • Highly Influential
Extended kanban control system: combining kanban and base stock
  • 161
  • PDF
Comparison among three pull control policies: kanban, base stock, and generalized kanban
  • 74
  • Highly Influential
A comparison of production-line control mechanisms
  • 264
  • Highly Influential
...
1
2
3
...