Delivery optimization for a make to order custom wire mill
Name
63676333-MIT.pdf
Description
Full printable version
Size
13.93 MB
Format
Adobe PDF
Checksum (MD5)
ffd2e9a4bb001cde4d15bc728a049de8
Author(s)
Slivinskiy, Andrey L
Advisor(s)
Donald Rosenfield and Thomas W. Eagar.
Date Issued
2005
Publisher
Massachusetts Institute of Technology
Abstract
In the face of growing competition in the Tantalum business, H.C.Starck's management is minimizing the delivery time for custom-made capacitor-grade tantalum wire products. H.C. Starck, Inc., Newton, Massachusetts faces challenges in its production environment to meet customer demand in an effective manner. Specific challenges include poor forecasting abilities, variation in customer demand, long component lead time, and expensive components. For this study, the desired delivery time reduction is to be achieved by establishing intermediate inventory buffers, setting appropriate inventory targets in an order-up-to-level inventory management model that considers sources of variation, time requirements, and customer service goals. We addressed a number of goals. First, we tied demand variability into traditional demand- focused models. Second, we develop more standardized and simplified inventory targets. Finally, we develop a production scheduling system that smoothes production, simplifies the scheduling process, and helps in achieving desired customer service level and the inventory targets.
Description
Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Materials Science and Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2005.
Includes bibliographical references (p. 73).
Subjects
Sloan School of Management.
Materials Science and Engineering.
Leaders for Manufacturing Program.
MIT Department
Leaders for Manufacturing Program at MIT
Massachusetts Institute of Technology. Department of Materials Science and Engineering
Sloan School of Management
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