Management of Stochastic Demand in Make-to-Stock Manufacturing

Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it is o...

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Detalles Bibliográficos
Autor principal: Quante, Rainer (auth)
Formato: Electrónico Capítulo de libro
Lenguaje:inglés
Publicado: Bern Peter Lang International Academic Publishers 2018
Colección:Forschungsergebnisse der Wirtschaftsuniversitaet Wien 37
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Acceso en línea:OAPEN Library: download the publication
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Descripción
Sumario:Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it is often done today requires more sophisticated approaches explicitly considering stochastic influences. This book reviews current literature, presents a framework that addresses revenue management and demand fulfillment at once and introduces new stochastic approaches for demand fulfillment in make-to-stock manufacturing based on the ideas of the revenue management literature.
Descripción Física:1 electronic resource (128 p.)
ISBN:b13905
9783631753866
Acceso:Open Access