Essays about: "EOQ"

Showing result 1 - 5 of 14 essays containing the word EOQ.

  1. 1. Optimizing within the Supply Chain: A Mathematical Model for Inventory Optimization with respect to Demand Planning

    University essay from KTH/Matematisk statistik

    Author : William Bork; Martynas Giedraitis; [2023]
    Keywords : Inventory model; ”Fast Moving Consumer Goods-company” FMCG-company ; Reorder point; Order quantity; ”Software as a Service-Company”; EOQ-model; R; Q -model; Forecast; Holt-Winters model; Inventory model; ”Fast Moving Consumer Goods-company” FMCG-company ; Reorder point; Order quantity; ”Software as a Service-Company”; EOQ-model; R; Q -model; Forecast; Holt-Winters model;

    Abstract : This thesis examines how to design a mathematical inventory model for a ”Fast Moving Consumer Goods”-company (FMCG-company), which determines the optimal reorder point and order quantity such that the average inventory cost is minimized. The thesis was made in collaboration with a ”Software as a Service”- company which provided the data containing information about the products and inventory management of one of their customers, a FMCG-company. READ MORE

  3. 2. Enhancing Stock Management Efficiency at Excillum AB

    University essay from KTH/Produktionsutveckling

    Author : Clive Carvalho; [2023]
    Keywords : Safety Stock; Inventory Management; Stock Management; EOQ; Order Quantity; Reorder Point; Inventory Optimisation; Inventory control; MTO; Customer order time; Lead time; Demand; Säkerhetslager; Lagerhantering; Lagerhantering; EOQ; Orderkvantitet; Återbeställningspunkt; Lageroptimering; Lagerkontroll; MTO; Kundordertid; Ledtid; Efterfrågan;

    Abstract : This thesis work aims to improve the stock management system of Excillum AB, a Stockholm-based company that specializes in high-performance X-ray sources. The current stock management system has limitations, resulting in gaps when managing the inventory. READ MORE

  4. 3. Stochastic Inventory Management

    University essay from Linnéuniversitetet/Institutionen för matematik (MA)

    Author : Ardit Mehmeti; [2021]
    Keywords : Applied Mathematics; Inventory Management;

    Abstract : This bachelor thesis is about a stochastic inventory theory and how changes in different parameters affect the cost system. The inventory is based on a stochastic version of an economic quantity order (EOQ) model with planned shortages. READ MORE

  5. 4. Analyzing the Inbound Logistics Flow for a Fragile Component at Volvo Buses

    University essay from Göteborgs universitet/Graduate School

    Author : Asanee M. Börjesson; Melanija Isaksson; [2018-07-02]
    Keywords : EOQ; Extensions of the EOQ Model; Optimal logistics flow; Optimal Call Off Volumes;

    Abstract : This thesis investigates the logistics flow for a long and fragile component at Volvo Buses. The focus is placed on six areas of the logistics flow for the component, namely, packaging, emballage, handling at the supplier (loading), transportation, handling at the buyer (unloading) and storage. READ MORE

  6. 5. Optimization of batch sizes, A case-study in the process industry.

    University essay from Lunds universitet/Produktionsekonomi

    Author : Simon Gottfridsson; Viktor Farbäck; [2018]
    Keywords : Lotsizing; Changeover cost; Holding cost; Safety stock; EOQ; Process industry.; Technology and Engineering;

    Abstract : Background and Research question The company have a complex product portfolio and production facility. Currently, the batch sizes in production are based on experience and is not based on any cost analysis. READ MORE