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Multi-Stage Production Planning and Inventory Control

  • Sven Axsäter
  • Christoph Schneeweiss
  • Edward Silver

Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 266)

Table of contents

  1. Front Matter
    Pages I-V
  2. Some Modelling Theoretic Remarks on Multi-Stage Production Planning

  3. Inventory — Production and Distribution Systems

  4. Multi-Stage Lot-Sizing

    1. Sven Axsäter, Henry L. W. Nuttle
      Pages 109-118
    2. Claus E. Heinrich, Christoph Schneeweiss
      Pages 150-181
  5. Practical Applications and Hierarchical Integration Problems

  6. Back Matter
    Pages 261-264

About these proceedings

Introduction

This paper treats a two-echelon inventory system. The higher echelon is a single location reffered to as the depot, which places orders for supply of a single com­ modity. The lower echelon consists of several points, called the retailers, which are supplied by shipments from the depot, and at which random demands for the item occur. Stocks are reviewed and decisions are made periodically. Orders and/or shipments may each require a fixed lead time before reaching their respective desti­ nations. Section II gives a short literature review of distribution research. Section III introduces the multi-echelon distribution system together with the underlying as­ sumptions and gives a description of how this problem can be viewed as a Markovian Decision Process. Section IV discusses the concept of cost modifications in a distribution context. Section V presents the test-examples together with their optimal solutions and also gives the characteristic properties of these optimal solutions. These properties then will be used in section VI to give adapted ver­ sions of various heuristics which were used in assembly experiments previously and which will be tested against the test-examples.

Keywords

distribution inventory production planning production systems scheduling

Editors and affiliations

  • Sven Axsäter
    • 1
  • Christoph Schneeweiss
    • 2
  • Edward Silver
    • 3
  1. 1.Division of Transportation and Material Flow SystemsUniversity of TechnologyLuleaSweden
  2. 2.Lehrstuhl für Allgemeine Betriebswirtschaftslehre und UnternehmensforschungUniversität MannheimMannheimGermany
  3. 3.Faculty of ManagementUniversity of CalgaryCalgaryCanada

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-51693-1
  • Copyright Information Springer-Verlag Berlin Heidelberg 1986
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-16436-4
  • Online ISBN 978-3-642-51693-1
  • Series Print ISSN 0075-8442
  • Buy this book on publisher's site