Manufacturing Inventory and Supply Analysis: A Mathematical Modelling Approach

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Sanjay Sharma (National Institute of Industrial Engineering (NITIE), Mumbai, India)

Manufacturing Inventory and Supply Analysis

A Mathematical Modelling Approach

Sanjay Sharma (National Institute of Industrial Engineering (NITIE), Mumbai, India)

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English

CRC Press
08 October 2024

Economics; Production & quality control management; Engineering: general; Production engineering; Environmental science, engineering & technology

This reference text discusses models and analyzes cases that are useful for material requirements planning (MRP), just-in-time (JIT) environments and supply chain environments, as well as traditional production-inventory systems.

It covers important concepts, including production-inventory systems, optimal purchase quantity, optimal production quantity, instantaneous procurement, multiple input items, sensitivity analysis, multiproduct manufacturing, determination of optimum cycle time, fractional backlogging, and incorporating input item procurement and flexibility in the production rate.

Aimed at senior undergraduate and graduate students, and professionals in the field of industrial engineering, production engineering and manufacturing science, this text:

Provides detailed models/analysis pertaining to various cases which are useful for material requirements planning and supply chain environments

Elaborates manufacturing rate flexibility, demand variation and production rate variation

Discusses the multi-item manufacturing environment and presents models with backorders, as well as fractional backlogging

Analyzes flexible production rates, along with upward and downward variations

By: Sanjay Sharma (National Institute of Industrial Engineering (NITIE) Mumbai India)
Imprint: CRC Press
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 453g
ISBN: 9781032101668
ISBN 10: 1032101660
Pages: 228
Publication Date: 08 October 2024
Audience: College/higher education , Further / Higher Education , A / AS level
Format: Paperback
Publisher's Status: Forthcoming

1. Introduction. 2. Batch size. 3. Batch size relevance for just-in-time (JIT). 4. Price variation. 5. Batch size for material requirements planning. 6. Multiproduct manufacturing. 7. Manufacturing rate flexibility. 8. Additional Reading. 9. Bibliography.

Sanjay Sharma is Professor at National Institute of Industrial Engineering (NITIE), Mumbai, India. He is operations and supply chain management educator and researcher. He has more than the three decades experience including industrial, managerial, teaching/training, consultancy and research; also many awards/honours to his credit. He has published eight books and papers in various journals such as European Journal of Operational Research, International Journal of Production Economics, Computers & Operations Research, International Journal of Advanced Manufacturing Technology, Journal of the Operational Research Society, and Computers and Industrial Engineering. He is also on the editorial board of few journals including the International Journal of Logistics Management.