Manufacturing Inventory and Supply Analysis：A Mathematical Modelling Approach

This reference text discusses models/analyzes cases that are useful for material requirements planning (MRP), Just-in-Time (JIT), and supply chain environment, as well as traditional production-inventory systems. It covers important concepts including production-inventory system, optimal purchase quantity, optimal production quantity, instantaneous procurement, multiple input items, sensitivity analysis, multiproduct manufacturing, determination of optimum cycle time, fractional backlogging, incorporating input item procurement, and flexibility in the production rate. Aimed at senior undergraduate, graduate students, and professionals in the field of industrial engineering, production engineering, and manufacturing science, this text:Provides detailed models/analysis pertaining to various cases which are useful for material requirements planning and supply chain environment.

Elaborates manufacturing rate flexibility, demand variation, and production rate variation. Discusses multi-item manufacturing environment and presents models with backorders as well as fractional backlogging. Analyzes flexible production rate along with upward and downward variations.