Management of Stochastic Demand in Make-To-Stock Manufacturing

Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it is o...

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Bibliographic Details
Main Author: Quante, Rainer (-)
Format: Electronic
Language:Inglés
Published: Frankfurt am Main : Peter Lang GmbH, Internationaler Verlag der Wissenschaften 2009.
Edition:First edition
Series:Forschungsergebnisse der Wirtschaftsuniversitaet Wien.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009427785406719
Description
Summary:Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it is often done today requires more sophisticated approaches explicitly considering stochastic influences. This book reviews current literature, presents a framework that addresses revenue management and demand fulfillment at once and introduces new stochastic approaches for demand fulfillment in make-to-stock manufacturing based on the ideas of the revenue management literature.
Physical Description:1 online resource (128 pages)
ISBN:9783631753866