A simulation based analysis of inventory management

A new raw material inventory management policy is applied in Blue Brick recently. The policy is designed to fully utilize the free-storage time allowance of port and reduce raw material inventory in the external warehouse. Simulations have been run to anticipate the inventory management performance...

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Bibliographic Details
Main Author:	Han, Dafei
Other Authors:	Rajesh Piplani
Format:	Theses and Dissertations
Language:	English
Published:	2014
Subjects:	DRNTU::Engineering::Manufacturing
Online Access:	http://hdl.handle.net/10356/60618
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Institution:	Nanyang Technological University
Language:	English

id	sg-ntu-dr.10356-60618
record_format	dspace
spelling	sg-ntu-dr.10356-606182020-11-01T11:31:36Z A simulation based analysis of inventory management Han, Dafei Rajesh Piplani School of Mechanical and Aerospace Engineering Singapore-MIT Alliance Programme DRNTU::Engineering::Manufacturing A new raw material inventory management policy is applied in Blue Brick recently. The policy is designed to fully utilize the free-storage time allowance of port and reduce raw material inventory in the external warehouse. Simulations have been run to anticipate the inventory management performance of paperboard A which is mostly used in Blue Brick. The results of stock-out probability, external warehouse shipping cost, external warehouse storage cost help the company determine optimized policy parameters. Master of Science (IMST) 2014-05-29T02:49:00Z 2014-05-29T02:49:00Z 2008 2008 Thesis http://hdl.handle.net/10356/60618 en 39 p. application/pdf
institution	Nanyang Technological University
building	NTU Library
continent	Asia
country	Singapore Singapore
content_provider	NTU Library
collection	DR-NTU
language	English
topic	DRNTU::Engineering::Manufacturing
spellingShingle	DRNTU::Engineering::Manufacturing Han, Dafei A simulation based analysis of inventory management
description	A new raw material inventory management policy is applied in Blue Brick recently. The policy is designed to fully utilize the free-storage time allowance of port and reduce raw material inventory in the external warehouse. Simulations have been run to anticipate the inventory management performance of paperboard A which is mostly used in Blue Brick. The results of stock-out probability, external warehouse shipping cost, external warehouse storage cost help the company determine optimized policy parameters.
author2	Rajesh Piplani
author_facet	Rajesh Piplani Han, Dafei
format	Theses and Dissertations
author	Han, Dafei
author_sort	Han, Dafei
title	A simulation based analysis of inventory management
title_short	A simulation based analysis of inventory management
title_full	A simulation based analysis of inventory management
title_fullStr	A simulation based analysis of inventory management
title_full_unstemmed	A simulation based analysis of inventory management
title_sort	simulation based analysis of inventory management
publishDate	2014
url	http://hdl.handle.net/10356/60618
_version_	1688665404381069312

A simulation based analysis of inventory management

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