A performance analysis of model based inventory policies for procurement of direct material items

dc.contributor.authorAnton, Charles J.en
dc.contributor.departmentIndustrial Engineering and Operations Researchen
dc.date.accessioned2021-10-26T20:10:52Zen
dc.date.available2021-10-26T20:10:52Zen
dc.date.issued1983en
dc.description.abstractA specialized lot size model for procurement of direct material items is applied in a specific manufacturing firm. Simulation studies are utilized for determining the effectiveness of the lot size model for use in a multiproduct MRP production system having a specific product structure. Measures of effectiveness with respect to cost categories including shortage frequency, material costs and holding costs will be obtained based on a range of demand patterns and levels. These studies focus on five end items representative of the population of brands manufactured at the company under consideration. The results of the study provide a methodological basis for system wide implementation of model based material ordering policy.en
dc.description.degreeM.S.en
dc.format.extentvii, 123 leavesen
dc.format.mimetypeapplication/pdfen
dc.identifier.urihttp://hdl.handle.net/10919/106251en
dc.language.isoenen
dc.publisherVirginia Polytechnic Institute and State Universityen
dc.relation.isformatofOCLC# 11165245en
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subject.lccLD5655.V855 1983.A586en
dc.subject.lcshInventory control -- Mathematical modelsen
dc.titleA performance analysis of model based inventory policies for procurement of direct material itemsen
dc.typeThesisen
dc.type.dcmitypeTexten
thesis.degree.disciplineIndustrial Engineering and Operations Researchen
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen
thesis.degree.levelmastersen
thesis.degree.nameM.S.en
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