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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Inventory Management in Multi-Product Lean Manufacturing Environments

Inventory Management in Multi-Product Lean Manufacturing Environments

Paperback

Technology & Engineering

ISBN10: 3659524395
ISBN13: 9783659524394
Publisher: Lap Lambert Academic Pub
Published: Feb 12 2014
Pages: 104
Weight: 0.36
Height: 0.25 Width: 6.00 Depth: 9.00
Language: English
The aim of this project is to analyse and compare the performances of inventory management policies in multi-product lean manufacturing environments. The creation of hybrid Kanban - CONWIP models is extremely popular in the field of operations research. This project undertakes the analysis of newly created BK-CONWIP D-KAP and BK-CONWIP S-KAP models against the HK-CONWIP model and tests the influence of the decoupling of demand signals and production authorization. The analysis of the models is done through both the built in algorithm of ExtendSim 8 and a multi-objective genetic algorithm. In order to ensure accuracy of the results, the performance of these algorithms is compared along with sensitivity analysis of the multi-objective genetic algorithm. The project also contains an ethics section on production simulation.

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