Ph.D. Defense -- Silke Kroeckel

Event Details
  • Date/Time:
    • Friday April 12, 2002
      10:00 am - 12:00 am
  • Location: ISyE Groseclose 303
  • Phone:
  • URL:
  • Email:
  • Fee(s):
    N/A
  • Extras:
Contact
Barbara Christopher
Industrial and Systems Engineering
Contact Barbara Christopher
404.385.3102
Summaries

Summary Sentence: Ph.D. Defense -- Silke Kroeckel

Full Summary: Ph.D. Defense -- Silke Kroeckel

I will defend my dissertation

Stochastic Inventory Systems with Significant Setup Times

on Friday April 12th 2002 at 10a.m. (sharp) in room 303. It would be an honor to me to have you in my audience.

Abstract

We consider a portion of the supply chain that involves stochastic production and inventory decisions. The production system is shared by several products and demands significant changeover times. For implementation purposes, we develop simple closed-form solutions (approximations) that can be installed in an existing ERP system. The first part of the dissertation focuses on minimizing work-in-progress (WIP) by minimizing cycle time. We construct efficient heuristics to set a near-optimal target utilization as well as to determine lot-sizes. Subsequently, we use a (Q,r) policy to manage system inventory consisting of finished goods and WIP. We study models for production-inventory systems before we develop heuristics to minimize system inventory cost subject to various constraints on service. The research is motivated by several real-world applications ranging from metal stamping to pharmaceuticals.

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School of Industrial and Systems Engineering (ISYE)

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Status
  • Created By: Barbara Christopher
  • Workflow Status: Published
  • Created On: Oct 8, 2010 - 7:43am
  • Last Updated: Oct 7, 2016 - 9:53pm