| Author | Gajanayaka, Preethisri Ananda |
| Call Number | AIT Thesis no. IE-91-11 |
| Subject(s) | Inventory control--Mathematical models
|
| Note | A thesis submitted in partial fulfillment of the requirement for the degree of Master of
Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Abstract | An inventory model is developed which unifies the inventory problem of component parts
and finished product for single product assembly system. Demand for the final product is stationary
and deterministic whereas the supplier delivery lead times for components vary randomly according
to a.known distribution with stationary properties. The total inventory system is dealt with separately.
Firstly, the model for the finished product inventory is formed using a variant of the classical EOQ
model. Secondly, the basic model is extended, considering, the increase in component inventory
costs due to uncertainty in supplier lead times and the shortage cost. This extension is realized using
the approach proposed by KUMAR (1989) for independent and identically distributed supplier lead
times. |
| Year | 1991 |
| Type | Thesis |
| School | School of Engineering and Technology (SET) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Fujiwara, Okitsugu
|
| Examination Committee(s) | Do, Ba Khang ;
|
| Scholarship Donor(s) | Royal Government of Belgium. |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1991 |