The key to mass customizing effectively is postponing the deco upling point of customer order in the supply network. This paper focused on quantitative analysis on postponement strategies of multiple decoupling points...The key to mass customizing effectively is postponing the deco upling point of customer order in the supply network. This paper focused on quantitative analysis on postponement strategies of multiple decoupling points in mass customization to improve operating efficiency and quickly meet customer demands with a minimum amount of inventory.展开更多
To balance inventory cost with diverse demand,an optimal investment decision on necessary process improvement for delayed product differentiation is studied. A two-stage flexible manufacturing system is modeled as a c...To balance inventory cost with diverse demand,an optimal investment decision on necessary process improvement for delayed product differentiation is studied. A two-stage flexible manufacturing system is modeled as a continuous time Markov chain. The first production stage manufactures semifinished products based on a make-to-stock policy. The second production stage customizes semi-finished products from the first production stage on a make-to-order policy. Various performance measures for this flexible manufacturing system are evaluated by using matrix geometric methods. An optimization model to determine the level of investment on process improvement that minimizes the manufacturer ’s total cost is established. The results show that,a higher investment level can reduce both the expected customer order fulfillment delay and the expected semi-finished products inventory. When the initial order penetration point is 0. 4,the manufacturer ’s total cost is reduced by 15. 89% through process investment. In addition, the optimal investment level increases with the increase in the unit time cost of customer order fulfillment delay,and decreases with the increase in the product value and the initial order penetration point.展开更多
In this article, we consider a two level supply chain to evaluate the impact ofpostponement strategy on the retailer. Here the cost parameters are fuzzified.Signed distance method is used to defuzzify and to obtain th...In this article, we consider a two level supply chain to evaluate the impact ofpostponement strategy on the retailer. Here the cost parameters are fuzzified.Signed distance method is used to defuzzify and to obtain the estimation of thetotal cost in the fuzzy sense. The common variable production cost, commonfixed cost and the common unit holding cost per unit time are assumed to befuzzy in nature. Inventory models are formulated for postponement system andindependent system such that the total average inventory cost function per unittime is minimized. Algorithms are given to derive the optimal solutions of theproposed model. Theoretical analysis and the computational procedure helps tostudy the impact of deterioration rate on the optimal inventory policies. Acomparative study between the postponement system and independent systemconsidering fuzzy costs is also made.展开更多
文摘The key to mass customizing effectively is postponing the deco upling point of customer order in the supply network. This paper focused on quantitative analysis on postponement strategies of multiple decoupling points in mass customization to improve operating efficiency and quickly meet customer demands with a minimum amount of inventory.
基金The National Natural Science Foundation of China(No.71661147004)
文摘To balance inventory cost with diverse demand,an optimal investment decision on necessary process improvement for delayed product differentiation is studied. A two-stage flexible manufacturing system is modeled as a continuous time Markov chain. The first production stage manufactures semifinished products based on a make-to-stock policy. The second production stage customizes semi-finished products from the first production stage on a make-to-order policy. Various performance measures for this flexible manufacturing system are evaluated by using matrix geometric methods. An optimization model to determine the level of investment on process improvement that minimizes the manufacturer ’s total cost is established. The results show that,a higher investment level can reduce both the expected customer order fulfillment delay and the expected semi-finished products inventory. When the initial order penetration point is 0. 4,the manufacturer ’s total cost is reduced by 15. 89% through process investment. In addition, the optimal investment level increases with the increase in the unit time cost of customer order fulfillment delay,and decreases with the increase in the product value and the initial order penetration point.
文摘In this article, we consider a two level supply chain to evaluate the impact ofpostponement strategy on the retailer. Here the cost parameters are fuzzified.Signed distance method is used to defuzzify and to obtain the estimation of thetotal cost in the fuzzy sense. The common variable production cost, commonfixed cost and the common unit holding cost per unit time are assumed to befuzzy in nature. Inventory models are formulated for postponement system andindependent system such that the total average inventory cost function per unittime is minimized. Algorithms are given to derive the optimal solutions of theproposed model. Theoretical analysis and the computational procedure helps tostudy the impact of deterioration rate on the optimal inventory policies. Acomparative study between the postponement system and independent systemconsidering fuzzy costs is also made.
