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Planning of Supply when lead time uncertain: trade-off between holding cost and service level

Author(s):

Pragnesh A . Patel , JJT University, Rajasthan

Keywords:

supply planning, two-level assembly systems, multi objective approach.

Abstract

A supply planning for two-level assembly systems under lead-time uncertainties is considered. It is supposed that the demand for the finished product and its due date are known. It is assumed also that the component lead-time at each level is a random discrete variable. The objective is to find the release dates for the components at level two in order to minimize the expected component holding costs and to maximize the customer service level for the finished product. A multi objective approach is considered and numerical results are reported.

Other Details

Paper ID: IJSRDV1I7025
Published in: Volume : 1, Issue : 7
Publication Date: 01/10/2013
Page(s): 1478-1480

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