36,215 research outputs found

    The Value of RFID Technology Enabled Information to Manage Perishables

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    We address the value of RFID technology enabled information to manage perishables in the context of a supplier that sells a random lifetime product subject to stochastic demand and lost sales. The product's lifetime is largely determined by the time and temperature history in the supply chain. We compare two information cases to a Base case in which the product's time and temperature history is unknown and therefore its shelf life is uncertain. In the first information case, the time and temperature history is known and therefore the remaining shelf life is also known at the time of receipt. The second information case builds on the first case such that the supplier now has visibility up the supply chain to know the remaining shelf life of inventory available for replenishment. We formulate these three different cases as Markov decision processes, introduce well performing heuristics of more practical relevance, and evaluate the value of information through an extensive simulation using representative, real world supply chain parameters.simulation;value of information;RFID;perishable inventory

    Basics of inventory management (Part 6: The (R,s,S)-model)

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    Inventory Models;management science

    Maintenance optimization of a production system with buffercapacity

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    Marketing;Optimization;produktieleer/ produktieplanning

    Locating a bioenergy facility using a hybrid optimization method

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    In this paper, the optimum location of a bioenergy generation facility for district energy applications is sought. A bioenergy facility usually belongs to a wider system, therefore a holistic approach is adopted to define the location that optimizes the system-wide operational and investment costs. A hybrid optimization method is employed to overcome the limitations posed by the complexity of the optimization problem. The efficiency of the hybrid method is compared to a stochastic (genetic algorithms) and an exact optimization method (Sequential Quadratic Programming). The results confirm that the hybrid optimization method proposed is the most efficient for the specific problem. (C) 2009 Elsevier B.V. All rights reserved

    An Evaluation of End of Maintenance Dates and Lifetime Buy Estimations for Electronic Systems Facing Obsolescence

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    The business of supporting legacy electronic systems is challenging due to mismatches between the system support life and the procurement lives of the systems' constituent components. Legacy electronic systems are threatened with Diminishing Manufacturing Sources and Material Shortages (DMSMS)-type obsolescence, and the extent of their system support lives based on existing replenishable and non-replenishable resources may be unknown. This thesis describes the development of the End of Repair/End of Maintenance (EOR/EOM) model, which is a stochastic discrete-event simulation that follows the life history of a population of parts and cards and operates from time-to-failure distributions that are either user-defined, or synthesized from observed failures to date. The model determines the support life (and support costs) of the system based on existing inventories of spare parts and cards, and optionally harvesting parts from existing cards to further extend the life of the system. The model includes: part inventory segregation, modeling of part inventory degradation and periodic inventory inspections, and design refresh planning. A case study using a real legacy system comprised of 117,000 instances of 70 unique cards and 4.5 million unique parts is presented. The case study was used to evaluate the system support life (and support costs) through a series of different scenarios: obsolete parts with no failure history and never failing, obsolete parts with no failure history but immediately incurring their first failures with and without the use of part harvesting. The case study also includes analyses for recording subsequent EOM and EOR dates, sensitivity analyses for selected design refreshes that maximize system sustainment, and design refresh planning to ensure system sustainment to an end of support date. Lifetime buys refer to buying enough parts from the original manufacturer prior to the part's discontinuance in order to support all forecasted future part needs throughout the system's required support life. This thesis describes the development of the Lifetime Buy (LTB) model, a reverse-application of the EOR/EOM model, that follows the life history of an electronic system and determines the number of spares required to ensure system sustainment. The LTB model can generate optimum lifetime buy quantities of parts that minimizes the total life-cycle cost associated with the estimated lifetime buy quantity
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