Assessing the Benefits of Different Stock-Allocation Policies for a Make-to-Stock Production System

Authors:
Francis de Véricourt;Fikri Karaesmen;Yves Dallery
Affiliations:
-;-;-
Venue:
Manufacturing & Service Operations Management
Year:
2001

Citing 0
Cited 6

Optimal Stock Allocation for a Capacitated Supply System

Management Science
Dynamic Pricing Through Discounts for Optimizing Multiple-Class Demand Fulfillment

Operations Research
Dynamic Capacity Management with Substitution

Operations Research
Capacity Rationing in Stochastic Rental Systems with Advance Demand Information

Operations Research
Strategies for a Centralized Single Product Multiclass M/G/1 Make-to-Stock Queue

Operations Research
Anticipated rationing policy for two demand classes under service level constraints

Computers and Industrial Engineering

Quantified Score

Hi-index	0.00

Visualization

Abstract

We consider a manufacturing facility that produces a single item that is demanded by several different classes of customers. The inventory-related cost performance of such a system can be improved by effective allocation of production and inventories. We obtain the optimal parameters for three easily implementable allocation policies. Our results cover the case of linear backorder costs as well as fill-rate constraints. We compare the optimal performance of these control policies to gain insights into the benefits of different production and stock-allocation rules.