Title :
A study on inventory control for a single stage production system under uncertain demand
Author :
Nishi, T. ; Takami, N. ; Konishi, M. ; Imai, J.
Author_Institution :
Okayama Univ., Japan
Abstract :
In this paper, we propose an inventory control scheme for planning and scheduling of a single stage production system under demand uncertainty. In the proposed method, the amount of material requirements is determined by a stochastic approach taking into account the demand variation in feedforward. The amount of inventory for final products is determined by the feedback information from the results of detailed scheduling results. The effectiveness of the proposed control scheme is investigated from numerical simulations.
Keywords :
production planning; stochastic processes; stock control; uncertainty handling; demand uncertainty; inventory control; single stage production system planning; single stage production system scheduling; stochastic approach;
Conference_Titel :
SICE 2004 Annual Conference
Conference_Location :
Sapporo
Print_ISBN :
4-907764-22-7