Title :
A Multi-Period Inventory Model of Component Commonality with Lead Time
Author :
Lin, Yong ; Ma, Shihua ; Liu, Liming
Author_Institution :
Sch. of Manage., Huazhong Univ. of Sci. & Technol., Wuhan
Abstract :
Component commonality is highly emphasized and widely used as a method to lower inventory level and higher customization level. Based on the single-period inventory model, this paper set up a multi-period model of component commonality with lead time. From the analysis on the effects of lead time on the inventory system, this paper get some useful results which rectify the prejudice that the results derived from single-period model can be applied widely
Keywords :
inventory management; product customisation; supply chains; component commonality; customization level; lead time; multiperiod inventory model; single-period model; supply chain; Assembly; Cost function; Environmental economics; Independent component analysis; Inventory management; Manufacturing industries; Mass customization; Risk analysis; Supply chains; Technology management; Component Commonality; Lead Time; Multi-period; Supply Chain;
Conference_Titel :
Service Operations and Logistics, and Informatics, 2006. SOLI '06. IEEE International Conference on
Conference_Location :
Shanghai
Print_ISBN :
1-4244-0317-0
Electronic_ISBN :
1-4244-0318-9
DOI :
10.1109/SOLI.2006.328997
