2 edition of effects of remanufacturing on inventory control = found in the catalog.
effects of remanufacturing on inventory control =
Erwin Albert van der Laan
|Other titles||Gevolgen van remanufacturing ten aanzien van voorraadbeheersing|
|Statement||Erwin Albert van der Laan.|
|Series||PhD series in general management -- nr. 28|
|LC Classifications||TS183.8 .L33 1997|
|The Physical Object|
|Pagination||v, 157 p. :|
|Number of Pages||157|
|LC Control Number||99203947|
PGCHSM Inventory Control Techniques Page 8 • A-items should have tight inventory control under more experienced management. Re-orders should be more frequent. • B-items require medium attention for control. An important aspect of class B is the monitoring of potential evolution toward class A or, in the contrary, toward the class C. The Circular Economy is defined as an economy “where the value of products, materials and resources is maintained in the economy for as long as possible, and the generation of waste minimised”.In contrast to a “Linear Economy” which is essentially a ‘take, make, dispose’ model of production, a Circular Economy promotes greater resource productivity aiming to reduce waste and .
- Overstocking (excess inventory) or lack of inventory - Improper use of spreadsheets to track inventory, which leads to inaccuracies. Unfortunately, there are always negative consequences to improper management. In the long run, all of the above inefficiencies can have a distressing effect on the company’s overall profitability. Storing excess inventory as well as inadequate supplies can cause problems for the business. Developing an accurate inventory database and forecasting method can help the organization purchase and store appropriate levels of inventory. Excess inventory, while it may provide a cushion against stock outs, is not a desirable condition for a company.
Inventory Control (International Series in Operations Research & Management Science Book ) by Sven Axsäter. out of 5 stars 2. Inventory Ledger: Log Book, Tracking Sheets, Inventory Management Control, Small Businesses,Shops, Office, Personal Management, Large x11 A4 Paperback (Business Supplies) (Volume 8). Downloadable! The Net Present Value (NPV) approach is considered to be the right approach to study inventory and production systems. But, approximate average cost (AC) approach is widely used in both practice and theory. However, the opportunity cost interpretation of AC framework is not that straightforward in systems with joint manufacturing and remanufacturing.
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Remanufacturing alone is considered, Pull inventory control is considered, a return rate depending on the uncertainty in the quantity of returns is considered, also it is assumed that the demands and returns are correlated, uncontrolled disposal is.
Assuming zero leadtimes would be very inappropriate. The research in the field of inventory control for joint manufacturing and remanufacturing should try to answer the following questions: 1. Under which circumstances is it possible to use traditional inventory control policies by 'netting' the demand for by: 5.
While manufacturing lead time is significantly longer then the remanufacturing one, pull policy in remanufacturing and dual policy in manufacturing reduce the bullwhip effects, and both policies perform better for the total inventory cost than the other by: When returns of goods and remanufacturing options have to be taken into consideration in inventory control situations, two additional sources of complexity appear in the traditional approaches of optimizing stochastic inventory control.
Firstly, due to uncertainty of returns, an additional stochastic impact has to be by: Production order variances that are used to measure the bullwhip effect, and total recoverable and serviceable inventory costs are considered as the main performance indicators.
In terms of total recoverable and serviceable inventory cost, our findings point out that hybrid pull-control policy outperforms the hybrid push-control by: Downloadable. This paper is on production planning and inventory control in systems where manufacturing and remanufacturing operations occur simultaneously.
Typical for these hybridsystems is, that both the output of the manufacturing process and the output of the remanufacturing process can be used to fulfill customer demands. Here, we consider a relatively simple hybrid system, related to a. This paper is on production planning and inventory control in systems where manufacturing and remanufacturing operations occur simultaneously.
Typical for these hybrid systems is, that both the output of the manufacturing process and the output of the remanufacturing process can be used to fulfill customer demands.
We show that the optimal remanufacturing policy is a modified base‐stock policy, and that the optimal manufacturing quantity of the new product decreases in the inventory level of the old product.
Inventory management is an essential area in the remanufacturing process. In this paper, we extend the traditional EOQ model to a stochastic EOQ inventory model for product remanufacture.
We assume that the return is an independent Poisson process and derive the exact expression of expected average total cost under this strategy. Remanufactured items are assumed to be as-good-as-new. The produced/manufacturing and remanufacturing processes are assumed to always be in control with no generation of defective items.
The material flow is depicted in Fig. Download: Download high-res image (68KB) Download: Download full-size image; Fig. Material flow of a single item. What is the effect of Just – in- time on the growth of the selected manufacturing firms.
Question Hypotheses These hypotheses were proposed for the study 1. Inventory control significantly affects productivity of selected manufacturing firms 2. There is a positive relationship between demand management and customer satisfaction. coefficient between inventory control practices and profitability was at significant level.
This implies there is a positive and significant relationship between inventory control practices and profitability of industrial and firms. R2 value was which means that % of the corresponding variation in profitability can be. Leadtime effects and policy improvement for stochastic inventory control with remanufacturing Publication Publication.
International Journal of Production Economics, Volume 71 - Issue p. When returns of goods and remanufacturing options have to be taken into consideration in inventory control situations, two additional sources of. Alberto Alinovi Department of Industrial Engineering, University of Parma, Parma, Italy, Eleonora Bottani Department of Industrial Engineering, University of Parma, Parma, Italy Correspondence [email protected] & Roberto Montanari Department of Industrial Engineering, University of Parma, Parma, Italy.
Inventory management is an essential area in the remanufacturing process. In this paper, we extend the traditional (s,Q) inventory strategy to an (s p,Q,s d) inventory control model for product remanufacture with disposal.
We assume that the return and demand are independent Poisson process, and derive the exact expression of expected average. for internal decisions such as assessing whether production costs and processes are under control, determining and controlling inventory levels, and pricing products.
Accountants also determine cost of sales for financial reporting. To this end, they need to determine the cost of each product sold through a process called product costing. The Effects of Remanufacturing on Inventory Control Publication Publication.
De gevolgen van remanufacturing ten aanzien van voorraadbeheersing. Figure Effect of base stock inventory level x on the cost function (all holding costs included; ignoring smaller values of b) 50 Figure a Effect of base stock inventory level x on the cost function (h=0) for Q0=Q 1=1 52 Figure b Effect of base stock inventory level x on the cost function (h=0) for Q0=Q 1= 4.
The Effects of Remanufacturing on Inventory Control: Series: Dissertations (UL) Author: E.A. van der Laan (Erwin) Degree grantor: RePub (University Library) Supporting host: RePub (University Library) Date issued: Access: Open Access: Reference(s) inventory control, production management, remanufacturing: Language: English: Type.
"Leadtime effects and policy improvement for stochastic inventory control with remanufacturing," International Journal of Production Economics, Elsevier, vol. 71(), pagesMay. Kiesmuller, Gudrun P.
& van der Laan, Erwin A. This proposed project aims at inventory control in the restaurant and catering Industry. Such a large domain would result in an equally as large scope of development. As a result we narrow our software down to our case study of an outlet of Guckenheimer concentrating only on the basic resources utilized in inventory control of the outlet.This paper studies the optimal control policy for capacitated periodic-review inventory systems with remanufacturing.
The serviceable products can be either manufactured from raw materials or reman.effective inventory management (Susan & Michael, ). Managers, now more than ever before, need reliable and effective inventory control in order to reduce costs and remain competitive (Closs,).According to Dobler and Burt (), inventory alone account for as much as 30% of the organization invested capital.