Analysis of a Two-Echelon Queuing-Inventory System with M/M/c Product System

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Bahadori, Amirkhosro | 2014

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Type of Document: M.Sc. Thesis
Language: Farsi
Document No: 46304 (01)
University: Sharif University of Technology
Department: Industrial Engineering
Advisor(s): Hajji, Alireza
Abstract:
The subject of this thesis is a two-echelon inventory system with a manufacturer and multiple distribution centers (DCs) that satisfy the demand originating from multiple sources. Demand from each source follows an independent Poisson process. The transportation times between the manufacturer and the DCs are assumed to be positive which may require keeping inventory at both the warehouse and the DCs. Inventory in both echelons is managed using the base-stock policy. The manufacturer works with
M/M/c product system. The cost of demand fulfillment for each DC consists of inventory holding and backlog costs. The objective is to determine the optimal base-stock levels at the DC
Keywords:
Stochastic Demand ; Queueing-Inventory System ; Supply Chain Management (SCM) ; Two Echelon Inventory Model ; Base Stock Ordering Policy

No TOC