Essays about: "reorder point"

Showing result 1 - 5 of 13 essays containing the words reorder point.

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. Comparing single- and multi-echelon methods for inventory control of spare parts at Volvo

   University essay from Lunds universitet/Produktionsekonomi

   Author : Alexander Larsson; Jakob Bengtsson; [2022]
   Keywords : Single-echelon; Multi-echelon; Spare parts; Inventory Control; Supply Chain Management; Technology and Engineering;

   Abstract : Title: Comparing single- and multi-echelon methods for inventory control of spare parts at Volvo Authors: Jakob Bengtsson & Alexander Larsson Supervisors: Johan Marklund, Lund University | Christian Beckers & Johan Lid- vall, Volvo Background: Spare parts logistics is an area particularly concerned with challenges related to inventory control. The parts are vital to secure the functionality of critical equipment and the management of its supply chain tends to be complex. READ MORE

5. 4. 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

6. 5. DISTRIBUTION NETWORK DESIGN : Optimization & simulation of an international supply chain.

   University essay from Umeå universitet/Institutionen för matematik och matematisk statistik

   Author : Gustav Hultman; [2020]
   Keywords : Supply Chain management; Distribution Network Design; Simulation; Optimization;

   Abstract : Höganäs AB's current distribution network for iron powder in the Asia Pacific (APAC) region is subject to high costs incurred by large inventories and high cost of capital. As a result of increasing demand and service level requirements from customers, inventories have steadily increased. READ MORE