Stochastic Reliability Measurement and Design Optimization of an Inventory Management System

Table 1

Company design parameters.

Number	Step	Owner	Minimum	Average	Maximum
P1	Production selection/quote	Sales team	5	7	9
P2	Order confirmation between customer & company	Sales team	2	4	7
P3	Placing order for production	Procurement	21	30	45
P4	Containers ready for shipping	Procurement	7	14	21
P5	Forwarder collects goods from the port	Procurement	7	10	15
P6	Goods available in company warehouse	Procurement	1	7	21
P7	Delivery	Project coordinator	2	4	14
P8	Installation	Project coordinator	7	9	20
P9	Inventory + photographs	Project coordinator	2	5	10
Total			53	90	162