Management of a High Mix Production System with Interdependent Demands: Finished Goods Requirements and Raw Materials Control

@inproceedings{Palano2010ManagementOA,
  title={Management of a High Mix Production System with Interdependent Demands: Finished Goods Requirements and Raw Materials Control},
  author={Diego Palano},
  year={2010}
}
  • Diego Palano
  • Published 2010
A product line, characterized by high level of customization, diversification and demand correlation between different finished goods products, requires increased efficiency and effectiveness. The product line, along with the intrinsic correlation, is modeled; the customer expectation is also analyzed. Based on these analyses, two inventory control frameworks are proposed: a fixed service level policy for the raw materials and an optimized policy for the finished goods. The optimal policy is… CONTINUE READING