2 edition of effects of remanufacturing on inventory control = found in the catalog.
effects of remanufacturing on inventory control =
Erwin Albert van der Laan
|Other titles||Gevolgen van remanufacturing ten aanzien van voorraadbeheersing|
|Statement||Erwin Albert van der Laan.|
|Series||PhD series in general management -- nr. 28|
|LC Classifications||TS183.8 .L33 1997|
|The Physical Object|
|Pagination||v, 157 p. :|
|Number of Pages||157|
|LC Control Number||99203947|
effects of Inventory control procedure on performance of KenGen. The researcher is keen to find out the relationship between Inventory Control Procedures and performance of KenGen and some of the problems hindering the smooth operation of KenGen. The study realizes that Inventory . An effective internal control structure for inventory includes a company’s plan of organization and all the procedures and actions it takes to. Protect its assets against theft and waste. Ensure compliance with company policies and federal law. Evaluate the performance of all . However the provisions of the agreement don’t regulate what counts as a riot-control agent, said Anna Feigenbaum, author of the book “Tear Gas: From the Battlefields of World War I .
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Remanufacturing alone is considered, Pull inventory control is considered, a return rate depending on the uncertainty in the quantity of returns is considered, also it is assumed that the demands and returns are correlated, uncontrolled disposal is. Assuming zero leadtimes would be very inappropriate.
The research in the field of inventory control for joint manufacturing and remanufacturing should try to answer the following questions: 1. Under which circumstances is it possible to use traditional inventory control policies by 'netting' the demand for by: 5.
While manufacturing lead time is significantly longer then the remanufacturing one, pull policy in remanufacturing and dual policy in manufacturing reduce the bullwhip effects, and both policies perform better for the total inventory cost than the other by: When returns of goods and remanufacturing options have to be taken into consideration in inventory control situations, two additional sources of complexity appear in the traditional approaches of optimizing stochastic inventory control.
Firstly, due to uncertainty of returns, an additional stochastic impact has to be by: Production order variances that are used to measure the bullwhip effect, and total recoverable and serviceable inventory costs are considered as the main performance indicators. In terms of total recoverable and serviceable inventory cost, our findings point out that hybrid pull-control policy outperforms the hybrid push-control by: Downloadable.
This paper is on production planning and inventory control in systems where manufacturing and remanufacturing operations occur simultaneously. Typical for these hybridsystems is, that both the output of the manufacturing process and the output of the remanufacturing process can be used to fulfill customer demands.
Here, we consider a relatively simple hybrid system, related to a. This paper is on production planning and inventory control in systems where manufacturing and remanufacturing operations occur simultaneously.
Typical for these hybrid systems is, that both the output of the manufacturing process and the output of the remanufacturing process can be used to fulfill customer demands. We show that the optimal remanufacturing policy is a modified base‐stock policy, and that the optimal manufacturing quantity of the new product decreases in the inventory level of the old product.
Inventory management is an essential area in the remanufacturing process. In this paper, we extend the traditional EOQ model to a stochastic EOQ inventory model for product remanufacture.
We assume that the return is an independent Poisson process and derive the exact expression of expected average total cost under this strategy. Remanufactured items are assumed to be as-good-as-new. The produced/manufacturing and remanufacturing processes are assumed to always be in control with no generation of defective items.
The material flow is depicted in Fig. Download: Download high-res image (68KB) Download: Download full-size image; Fig. Material flow of a single item.
What is the effect of Just – in- time on the growth of the selected manufacturing firms. Question Hypotheses These hypotheses were proposed for the study 1.
Inventory control significantly affects productivity of selected manufacturing firms 2. There is a positive relationship between demand management and customer satisfaction. coefficient between inventory control practices and profitability was at significant level. This implies there is a positive and significant relationship between inventory control practices and profitability of industrial and firms.
R2 value was which means that % of the corresponding variation in profitability can be. Leadtime effects and policy improvement for stochastic inventory control with remanufacturing Publication Publication. International Journal of Production Economics, Volume 71 - Issue p.
When returns of goods and remanufacturing options have to be taken into consideration in inventory control situations, two additional sources of.
Alberto Alinovi Department of Industrial Engineering, University of Parma, Parma, Italy, Eleonora Bottani Department of Industrial Engineering, University of Parma, Parma, Italy Correspondence [email protected] & Roberto Montanari Department of Industrial Engineering, University of Parma, Parma, Italy.
Inventory management is an essential area in the remanufacturing process. In this paper, we extend the traditional (s,Q) inventory strategy to an (s p,Q,s d) inventory control model for product remanufacture with disposal.
We assume that the return and demand are independent Poisson process, and derive the exact expression of expected average. for internal decisions such as assessing whether production costs and processes are under control, determining and controlling inventory levels, and pricing products.
Accountants also determine cost of sales for financial reporting. To this end, they need to determine the cost of each product sold through a process called product costing.
The Effects of Remanufacturing on Inventory Control Publication Publication. De gevolgen van remanufacturing ten aanzien van voorraadbeheersing.
Figure Effect of base stock inventory level x on the cost function (all holding costs included; ignoring smaller values of b) 50 Figure a Effect of base stock inventory level x on the cost function (h=0) for Q0=Q 1=1 52 Figure b Effect of base stock inventory level x on the cost function (h=0) for Q0=Q 1= 4.
The Effects of Remanufacturing on Inventory Control: Series: Dissertations (UL) Author: E.A. van der Laan (Erwin) Degree grantor: RePub (University Library) Supporting host: RePub (University Library) Date issued: Access: Open Access: Reference(s) inventory control, production management, remanufacturing: Language: English: Type.
"Leadtime effects and policy improvement for stochastic inventory control with remanufacturing," International Journal of Production Economics, Elsevier, vol. 71(), pagesMay. Kiesmuller, Gudrun P. & van der Laan, Erwin A., This proposed project aims at inventory control in the restaurant and catering Industry.
Such a large domain would result in an equally as large scope of development. As a result we narrow our software down to our case study of an outlet of Guckenheimer concentrating only on the basic resources utilized in inventory control of the outlet.
This paper studies the optimal control policy for capacitated periodic-review inventory systems with remanufacturing. The serviceable products can be either manufactured from raw materials or reman. effective inventory management (Susan & Michael, ).
Managers, now more than ever before, need reliable and effective inventory control in order to reduce costs and remain competitive (Closs,).According to Dobler and Burt (), inventory alone account for as much as 30% of the organization invested capital.
The optimal acquisition effort is decreasing in the aggregate inventory level of serviceable product and cores. Nevertheless, when pricing is an endogenous decision, we find that the optimal policy becomes much more complicated, and its control parameters are state dependent.
Inventory Management is viewed as a significant blend of the key performance determinant variables in sugar industry. Inventory management and control are crucial to a firm because mismanagement of inventory threatens a firm’s viability (Sprague and Wacker, ).
Too much inventory consumes physical space, creates financial burden. PGCHSM Inventory Control Techniques Page 8 • A-items should have tight inventory control under more experienced management.
Re-orders should be more frequent. • B-items require medium attention for control. An important aspect of class B is the monitoring of potential evolution toward class A or, in the contrary, toward the class C. The Circular Economy is defined as an economy “where the value of products, materials and resources is maintained in the economy for as long as possible, and the generation of waste minimised”.In contrast to a “Linear Economy” which is essentially a ‘take, make, dispose’ model of production, a Circular Economy promotes greater resource productivity aiming to reduce waste and.
- Overstocking (excess inventory) or lack of inventory - Improper use of spreadsheets to track inventory, which leads to inaccuracies. Unfortunately, there are always negative consequences to improper management.
In the long run, all of the above inefficiencies can have a distressing effect on the company’s overall profitability. Storing excess inventory as well as inadequate supplies can cause problems for the business.
Developing an accurate inventory database and forecasting method can help the organization purchase and store appropriate levels of inventory. Excess inventory, while it may provide a cushion against stock outs, is not a desirable condition for a company.
Inventory Control (International Series in Operations Research & Management Science Book ) by Sven Axsäter. out of 5 stars 2. Inventory Ledger: Log Book, Tracking Sheets, Inventory Management Control, Small Businesses,Shops, Office, Personal Management, Large x11 A4 Paperback (Business Supplies) (Volume 8).
Downloadable. The Net Present Value (NPV) approach is considered to be the right approach to study inventory and production systems.
But, approximate average cost (AC) approach is widely used in both practice and theory. However, the opportunity cost interpretation of AC framework is not that straightforward in systems with joint manufacturing and remanufacturing.
Remanufacturing is the process by which used products are recovered, processed and sold as new products. It introduces a host of issues related to product design, produc-tion planning, inventory control, logistics, information systems, marketing and quality control, as discussed in Thierry et al.
Remanufacturing complicates inventory. The profitability of a remanufacturing system strongly depends on these issues as well as on their interactions.
For a monopolist, we show that there exist thresholds on the remanufacturing cost savings, the green segment size, market growth rate, and consumer valuations for the remanufactured products, above which remanufacturing is profitable. For instance, inventory services provide labor and automation to quickly count inventory and minimize shutdown time.
In addition, inventory control system software can speed the physical inventory process. A perpetual inventory system tracks the receipt and use of inventory, and calculates the quantity on hand.
With an Excel inventory template, like a fixed asset depreciation calculator, warehouse inventory list, physical inventory count sheet, or home contents inventory list, you’ll have greater control of your assets. An inventory Excel template for your warehouse can give you specific information about both in-stock items and those on order.
The effect of inventory on Supply Chain Abstract (in English) Supply chain management addresses the management of materials and information across the entire chain from suppliers to producers, distributors, retailers, and customers.
In the past few decades, scholar sgave ample attention about the. remanufacturing, but also when the system inventories become too high. This paper is on production planning and inventory control tor systems in which careful coordination be- tween manufacturing, remanufacturing and disposal operations is essential for achieving maximum system efficiency.
"The impact of product returns and remanufacturing uncertainties on the dynamic performance of a multi-echelon closed-loop supply chain," International Journal of Production Economics, Elsevier, vol. (PB), pages inventory management and how the ideas can be used in their work.
Whatever yourbackground,youcanusethisaccessibleanduser-friendlybooktolearnabout current thinking and practices in inventory management.
The book includes the following features: ž. It is an introductory text and assumes no previous knowledge of inventory. Inventory Management 7 INVENTORY MANAGEMENT MGT, University of Toronto, Denny Hong-Mo Yeh Inventory management is the branch of business management that covers the planning and control of the inventory.
In the previous chapters, we have discussed priority and capacity planning and control. Priority planning determines what materials are. Remanufacturing is a process where a particular product is taken apart, cleaned, repaired, and then reassembled to be used again.
Remanufacturing has long been associated with expensive technical.Inventory is a fundamental measure of the overall health of supply chain and logistics activities.
The authors of The Definitive Guide to Inventory Management discuss what inventory is, the role of inventory in supply chain management, and why inventory is such an .17 hours ago The use of tear gas to control crowds has soared in recent years.
But researchers say most of what we know about its health effects is based on .