Table of Contents Author Guidelines Submit a Manuscript
Mathematical Problems in Engineering
Volume 2016, Article ID 9328371, 9 pages
http://dx.doi.org/10.1155/2016/9328371
Research Article

Strategic Inventory Positioning in BOM with Multiple Parents Using ASR Lead Time

Department of Industrial Engineering, Ajou University, San 5, Woncheon-dong, Yeongtong-gu, Suwon 443-749, Republic of Korea

Received 30 October 2015; Revised 4 January 2016; Accepted 7 February 2016

Academic Editor: Jei-Zheng Wu

Copyright © 2016 Jingjing Jiang and Suk-Chul Rim. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Linked References

  1. C. Ptak and C. Smith, Orlicky's Material Requirements Planning 3/E, McGraw-Hill Education, New York, NY, USA, 2011.
  2. S.-C. Rim, J. J. Jiang, and C. J. Lee, “Strategic inventory positioning for MTO manufacturing using ASR lead time,” in Logistics Operations, Supply Chain Management and Sustainability, P. Golinska, Ed., EcoProduction, pp. 441–456, Springer, Basel, Switzerland, 2014. View at Publisher · View at Google Scholar
  3. D. C. Whybark and S. Yang, “Positioning inventory in distribution systems,” International Journal of Production Economics, vol. 45, no. 1–3, pp. 271–278, 1996. View at Publisher · View at Google Scholar · View at Scopus
  4. K. F. Simpson Jr., “In-process inventories,” Operations Research, vol. 6, no. 6, pp. 863–873, 1958. View at Publisher · View at Google Scholar · View at MathSciNet
  5. S. C. Graves and S. P. Willems, “Strategic safety stock placement in supply chains,” in Proceedings of the MSOM Conference, Hanover, NH, USA, June 1996.
  6. S. C. Graves and S. P. Willems, “Optimizing strategic safety stock placement in supply chains,” Manufacturing & Service Operations Management, vol. 2, no. 1, pp. 68–83, 2000. View at Publisher · View at Google Scholar · View at Scopus
  7. S. C. Graves and S. P. Willems, “Strategic inventory placement in supply chains: nonstationary demand,” Manufacturing & Service Operations Management, vol. 10, no. 2, pp. 278–287, 2008. View at Publisher · View at Google Scholar · View at Scopus
  8. E. Lesnaia, Optimizing safety stock placement in general network supply chains [Ph.D. thesis], MIT Perations Research Center, Cambridge, Mass, USA, 2004.
  9. T. L. Magnanti, Z. M. Shen, J. Shu, D. Simchi-Levi, and C.-P. Teo, “Inventory placement in acyclic supply chain networks,” Operations Research Letters, vol. 34, no. 2, pp. 228–238, 2006. View at Publisher · View at Google Scholar · View at MathSciNet · View at Scopus
  10. P. Kaminsky and O. Kaya, “Inventory positioning, scheduling and lead-time quotation in supply chains,” International Journal of Production Economics, vol. 114, no. 1, pp. 276–293, 2008. View at Publisher · View at Google Scholar · View at Scopus
  11. K. Inderfurth, “Safety stock optimization in multi-stage inventory systems,” International Journal of Production Economics, vol. 24, no. 1-2, pp. 103–113, 1991. View at Publisher · View at Google Scholar · View at Scopus
  12. K. Inderfurth and S. Minner, “Safety stocks in multi-stage inventory systems under different service measures,” European Journal of Operational Research, vol. 106, no. 1, pp. 57–73, 1998. View at Publisher · View at Google Scholar · View at Scopus
  13. G. Ioannou, G. Prastacos, and G. Skintzi, “Inventory positioning in multiple product supply chains,” Annals of Operations Research, vol. 126, no. 1, pp. 195–213, 2004. View at Publisher · View at Google Scholar · View at Scopus
  14. W. Alderson, “Marketing efficiency and the principle of postponement,” Cost and Profit Outlook, vol. 9, pp. 15–18, 1950. View at Google Scholar
  15. L. P. Bucklin, “Postponement, speculation and the structure of distribution channels,” Journal of Marketing Research, vol. 2, no. 1, pp. 26–31, 1965. View at Publisher · View at Google Scholar
  16. H. L. Lee, C. Billington, and B. Carter, “Hewlett-packard gains control of inventory and service through design for localization,” Interfaces, vol. 23, no. 4, pp. 1–11, 1993. View at Publisher · View at Google Scholar
  17. T. Davis, “Effective supply chain management,” Sloan Management Review, vol. 34, no. 4, pp. 35–46, 1993. View at Google Scholar
  18. E. Feitzinger and H. L. Lee, “Mass customization at Hewlett-Packard: the power of postponement,” Harvard Business Review, vol. 75, no. 1, pp. 116–121, 1997. View at Google Scholar
  19. R. Ernst and B. Kamrad, “Evaluation of supply chain structures through modularization and postponement,” European Journal of Operational Research, vol. 124, no. 3, pp. 495–510, 2000. View at Publisher · View at Google Scholar · View at Scopus