PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN

The movement of demand in every echelon of supply chain becomes a problem when the number of demand changes. It can lead to a phenomenon called the bullwhip effect. Statistical Process Control can adjust the number of demand such that not to change too much. The uncertainty of demand can solve by pr...

Full description

Saved in:

Bibliographic Details
Main Author:	(NIM : 10113014), RAMDAN
Format:	Final Project
Language:	Indonesia
Online Access:	https://digilib.itb.ac.id/gdl/view/30192
Tags:	Add Tag No Tags, Be the first to tag this record!
Institution:	Institut Teknologi Bandung
Language:	Indonesia

id	id-itb.:30192
spelling	id-itb.:301922018-03-01T10:48:36ZPROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN (NIM : 10113014), RAMDAN Indonesia Final Project INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/30192 The movement of demand in every echelon of supply chain becomes a problem when the number of demand changes. It can lead to a phenomenon called the bullwhip effect. Statistical Process Control can adjust the number of demand such that not to change too much. The uncertainty of demand can solve by predicting with time series model. An accurate forecasting can help producers to produce products optimally. In addition, in this modern era every manufacturer has a storage to anticipate the inability in complete the demand. The process of entering and exiting the product in the storage always be ready to use and stored properly called as inventory system. Inventory systems depend on the number of requests in the previous period. Inventory systems can be simulated by using Markov chain process. Transition matrix of Markov chain can illustrate the probability of changing conditions the number of products in the storage such that can be considered for inventory management system running optimally i.e complete the demand for each period. text
institution	Institut Teknologi Bandung
building	Institut Teknologi Bandung Library
continent	Asia
country	Indonesia Indonesia
content_provider	Institut Teknologi Bandung
collection	Digital ITB
language	Indonesia
description	The movement of demand in every echelon of supply chain becomes a problem when the number of demand changes. It can lead to a phenomenon called the bullwhip effect. Statistical Process Control can adjust the number of demand such that not to change too much. The uncertainty of demand can solve by predicting with time series model. An accurate forecasting can help producers to produce products optimally. In addition, in this modern era every manufacturer has a storage to anticipate the inability in complete the demand. The process of entering and exiting the product in the storage always be ready to use and stored properly called as inventory system. Inventory systems depend on the number of requests in the previous period. Inventory systems can be simulated by using Markov chain process. Transition matrix of Markov chain can illustrate the probability of changing conditions the number of products in the storage such that can be considered for inventory management system running optimally i.e complete the demand for each period.
format	Final Project
author	(NIM : 10113014), RAMDAN
spellingShingle	(NIM : 10113014), RAMDAN PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN
author_facet	(NIM : 10113014), RAMDAN
author_sort	(NIM : 10113014), RAMDAN
title	PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN
title_short	PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN
title_full	PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN
title_fullStr	PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN
title_full_unstemmed	PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN
title_sort	process control and forecasting the quantity of demand and simulation of inventory system using markov chain
url	https://digilib.itb.ac.id/gdl/view/30192
_version_	1822923164852682752

PROCESS CONTROL AND FORECASTING THE QUANTITY OF DEMAND AND SIMULATION OF INVENTORY SYSTEM USING MARKOV CHAIN

Similar Items