A Multi-Period Inventory Model of Component Commonality with Lead Time

Author

Lin, Yong ; Ma, Shihua ; Liu, Liming

Author_Institution

Sch. of Manage., Huazhong Univ. of Sci. & Technol., Wuhan

fYear

2006

fDate

21-23 June 2006

Firstpage

352

Lastpage

357

Abstract

Component commonality is highly emphasized and widely used as a method to lower inventory level and higher customization level. Based on the single-period inventory model, this paper set up a multi-period model of component commonality with lead time. From the analysis on the effects of lead time on the inventory system, this paper get some useful results which rectify the prejudice that the results derived from single-period model can be applied widely

Keywords

inventory management; product customisation; supply chains; component commonality; customization level; lead time; multiperiod inventory model; single-period model; supply chain; Assembly; Cost function; Environmental economics; Independent component analysis; Inventory management; Manufacturing industries; Mass customization; Risk analysis; Supply chains; Technology management; Component Commonality; Lead Time; Multi-period; Supply Chain;

fLanguage

English

Publisher

ieee

Conference_Titel

Service Operations and Logistics, and Informatics, 2006. SOLI '06. IEEE International Conference on

Conference_Location

Shanghai

Print_ISBN

1-4244-0317-0

Electronic_ISBN

1-4244-0318-9

Type

conf

DOI

10.1109/SOLI.2006.328997

Filename

4125605

Link To Document

https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1896633