Now showing items 1-6 of 6
Raw Material Minimum Order Quantity Optimization
The sponsoring company, wants to review their raw material ordering policy and production plan for one of their product segments. This product faces a high degree of volatility in demand and the company currently orders ...
Investigation of potential added value of DDMRP in planning under uncertainty at finite capacity
The Demand Driven Material Requirement Planning (DDMRP) was introduced in 2011 to improve the performance of supply chain planning. The Demand Driven Institute (DDI) reports that DDMRP reduces the inventory levels by 31% ...
Forecasting Model for Sporadic Distributor-Based Market
With the evolution of technology, more data became available to observe consumer purchase patterns. Traditional forecast methods used to rely on only shipment history. Nonetheless, due to the accessibility of consumer ...
Demand Forecasting for Ebola Responses
The accelerating global trends of urbanization, interconnectivity, and population mobility are creating the conditions to increase the frequency, severity, and velocity of future outbreaks of high threat pathogens. ...
Replenishment Policies for Retail Pharmacies in Emerging Markets
Pharmaceuticals account for over hundreds of billions of dollars of the global annual healthcare expenditure. Inventory management is essential for the financial health of the retail pharmaceutical industry. The retail ...
Joint Replenishment and Base Stock Model for the U.S. Beer Industry
The United States beer industry operates, by law, under a three-tier distribution network. MillerCoors[SAC1] has made the strategic decision to open distribution centers across the United States to handle complexity while ...