2026-09-19T02:39:43Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/552272022-01-13T07:54:36Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Stanley B. Gershwin.
Palano, Diego
Massachusetts Institute of Technology. Dept. of Mechanical Engineering.
Massachusetts Institute of Technology. Department of Mechanical Engineering
2010-05-25T21:07:01Z
2010-05-25T21:07:01Z
2009
2009
http://hdl.handle.net/1721.1/55227
611950555
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2009.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 84-86).
A product line, characterized by high level of customization, diversification and demand correlation between different finished goods products, requires increased efficiency and effectiveness. The product line, along with the intrinsic correlation, is modeled; the customer expectation is also analyzed. Based on these analyses, two inventory control frameworks are proposed: a fixed service level policy for the raw materials and an optimized policy for the finished goods. The optimal policy is validated using simulation. The proposed policies reduce the inventory value on hand for finished goods and raw materials by 35% and 30%, respectively, while at the same time optimizing the service levels.
by Diego Palano.
M.Eng.
ix, 93 p.
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by
copyright. They may be viewed from this source for any purpose, but
reproduction or distribution in any format is prohibited without written
permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Mechanical Engineering.
Management of a high mix production system with interdependent demands : finished goods requirements and raw materials control
Thesis
application/pdf
Publication
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unknown
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