Please use this identifier to cite or link to this item: https://scholarbank.nus.edu.sg/handle/10635/212683
Title: MULTI-ECHELON INVENTORY MANAGEMENT UNDER DELAY-ORDERING POLICY
Authors: FANG ZHIYAN
ORCID iD:   orcid.org/0000-0003-4006-1409
Keywords: multi-echelon supply chain, inventory management, delay-ordering, guaranteed service model, mixed integer programming, supply chain visualization
Issue Date: 16-Jul-2021
Citation: FANG ZHIYAN (2021-07-16). MULTI-ECHELON INVENTORY MANAGEMENT UNDER DELAY-ORDERING POLICY. ScholarBank@NUS Repository.
Abstract: This thesis focuses on the inventory management of multi-echelon supply chains, using the delay-ordering policy. This allows the model to incorporates the dynamics of real time demands into the replenishment activities, moving beyond the traditional supply chain models that are mainly static in nature. The cost of serving each unit of demand is precisely calculated, while interdependent demands are permitted without underlying demand distribution assumptions. This resolves a critical design issue in the traditional multi-echelon supply chain problem, where the trade-off between underage and overage costs are not properly accounted for, although we are only able to do so in a simplified supply chain structure. In addition, an algorithm based on Mixed Integer Linear Programming (MILP) is proposed to solve the model in reasonable time. Besides, we also design an interactive tool, able to both optimize and visualize supply chain inventory management.
URI: https://scholarbank.nus.edu.sg/handle/10635/212683
Appears in Collections:Master's Theses (Open)

Show full item record
Files in This Item:
File Description SizeFormatAccess SettingsVersion 
Fang Zhiyan (FangZY).pdf3.39 MBAdobe PDF

OPEN

NoneView/Download

Page view(s)

70
checked on Sep 29, 2022

Download(s)

5
checked on Sep 29, 2022

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.