Designing And Managing The Supply Chain
Designing And Managing The Supply Chain
Supply Chain Management and Advanced Planning: Concepts, Models, Software, and Case Studies
Supply Chain Management and Advanced Planning: Concepts, Models, Software, and Case Studies
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Order cycle time is an important issue in supply chain management and Hard to control. It is a set of either deterministic or probabilistic activities. Since order cycle is assumed as a GERT network, has a variable time and a branching probability for each arrow, hence the total cycle time is variable. This paper proposes a new solution technique based on GERT method to control Customer lead-time in a supply chain The proposed method is efficient in estimating mean and variance of the order Cycle time and more accurately confidence interval.