A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy

Inventory management strategies perform differently under different circumstances. If a chosen inventory strategy is not the best fit for the situation in which it is applied, there is an opportunity cost of the savings that would have been gotten by applying the best inventory strategy for the cont...

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Main Authors:	Lim, Keith Bradley, Sun, Joseph Martin, Mariano, Paolo Virgil
Format:	text
Language:	English
Published:	Animo Repository 2017
Subjects:	Inventory control Materials management Industrial management
Online Access:	https://animorepository.dlsu.edu.ph/etd_bachelors/8029
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Institution:	De La Salle University
Language:	English

id	oai:animorepository.dlsu.edu.ph:etd_bachelors-8674
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spelling	oai:animorepository.dlsu.edu.ph:etd_bachelors-86742021-08-04T15:31:31Z A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy Lim, Keith Bradley Sun, Joseph Martin Mariano, Paolo Virgil Inventory management strategies perform differently under different circumstances. If a chosen inventory strategy is not the best fit for the situation in which it is applied, there is an opportunity cost of the savings that would have been gotten by applying the best inventory strategy for the context. This study aims to compare the performance of two inventory strategies the static uncertainty inventory strategy and the static-dynamic inventory strategy in various environments within a system that has non-stationary demand, perishable goods, and fill rate constraint. Design of experiments was performed on each strategy, giving insight on how various factors interact within the strategies. Each strategy was then run with different scenarios under Monte Carlo simulated demand, giving insight on which scenarios favored which strategies. 2017-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/8029 Bachelor's Theses English Animo Repository Inventory control Materials management Industrial management
institution	De La Salle University
building	De La Salle University Library
continent	Asia
country	Philippines Philippines
content_provider	De La Salle University Library
collection	DLSU Institutional Repository
language	English
topic	Inventory control Materials management Industrial management
spellingShingle	Inventory control Materials management Industrial management Lim, Keith Bradley Sun, Joseph Martin Mariano, Paolo Virgil A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy
description	Inventory management strategies perform differently under different circumstances. If a chosen inventory strategy is not the best fit for the situation in which it is applied, there is an opportunity cost of the savings that would have been gotten by applying the best inventory strategy for the context. This study aims to compare the performance of two inventory strategies the static uncertainty inventory strategy and the static-dynamic inventory strategy in various environments within a system that has non-stationary demand, perishable goods, and fill rate constraint. Design of experiments was performed on each strategy, giving insight on how various factors interact within the strategies. Each strategy was then run with different scenarios under Monte Carlo simulated demand, giving insight on which scenarios favored which strategies.
format	text
author	Lim, Keith Bradley Sun, Joseph Martin Mariano, Paolo Virgil
author_facet	Lim, Keith Bradley Sun, Joseph Martin Mariano, Paolo Virgil
author_sort	Lim, Keith Bradley
title	A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy
title_short	A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy
title_full	A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy
title_fullStr	A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy
title_full_unstemmed	A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy
title_sort	comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy
publisher	Animo Repository
publishDate	2017
url	https://animorepository.dlsu.edu.ph/etd_bachelors/8029
_version_	1772834724386963456

A comparative approach on a non-stationary demand, perishable goods, and fill rate constraint system of the static uncertainty policy to the static-dynamic uncertainty policy

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