Escolar Documentos
Profissional Documentos
Cultura Documentos
Inventory Control
Saif Benjaafar
Industrial & Systems Engineering
University of Minnesota
1
Course Objectives
3
Prerequisites
4
Texts
5
Lecture Topics
6
Lecture Topics (Continued)
7
Group Projects
Teams of 2 or 3
Type of project
Problem solving
Case study
Reviews
Outcome
A proposal
Oral presentation
Written report
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Problem Solving
A mathematical model
A computer model
9
Case Studies
10
Reviews
An industry
An emerging technology
A managerial practice
Academic research
11
Example Industries
Electronics
Automotive
Food
Clothing
Medical devices
Energy
12
Example Technologies
RFID
Social media
13
Example Practices
Outsourcing
Energy consumption
Carbon footprint
15
Production/Manufacturing
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The Production System
Raw materials
Energy Finished products
Production
Labor Scrap
Equipment
System
Waste
Information
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Inventory
18
The Inventory System
Inventory
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The Production-Inventory System
Distribution
Suppliers and sales
Fabrication Assembly
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The Supply Chain
Assembly/
Manufacturing
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Production Planning and
Inventory Control
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Examples of Decisions
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Examples of Decisions
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A Hierarchy of Decisions
Sales &
Marketing
Long term
forecasting Transportation
& Distribution
Production Production 26
Planning Scheduling
Example Performance Measures
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Examples of Performance Measures
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Classification of the Production
Process
Production quantity
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Classification of the Production
Process
Production quantity
Mass production
Batch production
Job shop production
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Classification of the Production
Process
Production quantity
Mass production
Batch production
Job shop production
Product variety
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Classification of the Production
Process
Production quantity
Mass production
Batch production
Job shop production
Product variety
Single product or product line
Family of similar products
One-of-a-kind products
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Mass Production Systems
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Mass Production Systems
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Batch Production Systems
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Batch Production Systems
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Job Shops
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Job Shops
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Classification of Production Systems
(continued)
Order fulfillment
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Classification of Production Systems
(continued)
Order fulfillment
Make-to-stock systems (MTS)
Make-to-order systems (MTO)
Hybrid MTO/MTS
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Classification of Production Systems
(continued)
Order fulfillment
Make-to-stock systems (MTS)
Make-to-order systems (MTO)
Hybrid MTO/MTS
Resource configuration
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Classification of Production Systems
(continued)
Order fulfillment
Make-to-stock systems (MTS)
Make-to-order systems (MTO)
Hybrid MTO/MTS
Resource configuration
Product layout
Process layout
Cellular layout
Fixed position layout
44
Classification of Production
Systems (continued)
Inputs/outputs
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Classification of Production
Systems (continued)
Inputs/outputs
Discrete production systems (discrete inputs and
outputs - cars, computers, machine tools, etc)
Continuous production systems (continuous inputs
and outputs - chemicals, textiles, food processing,
pharmaceuticals)
Hybrid systems (Discrete inputs/continuous outputs
or continuous inputs/discrete outputs - steel, plastics,
recycling)
46
Process capabilities
& business strategy
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A firm must choose a business strategy - attribute
values for its portfolio of products - that
differentiates it from the competition.
48
A business strategy can be driven by market
opportunities or by a competitive advantage in
process capabilities.
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Matching Process Choice with
HighProduct Strategy Choice
Process flexibility
Area of
strategic fit
Low
Low High
Product variety 50
Matching Process Choice with Product
Strategy Choice (Continued)
Low
Lead time
Area of
strategic fit
High
Low High
Demand uncertainty 51
The Evolution of Process
Capabilities
Volume (1920/30/40s)
Cost (1950/60s)
Quality (1970/80s)
Time (1980/1990s)
Flexibility (1990/2000s)
Resiliency
53
Assignment
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