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The University of Southampton
CORMSIS Centre for Operational Research, Management Sciences and Information Systems

CORMSIS Seminar - A just-in-time three-level integrated manufacturing system for linearly time-varying demand process Event

Time:
16:00 - 17:00
Date:
20 April 2016
Venue:
Room 5033 Building 2, Southampton Business School

For more information regarding this event, please email Dr Yuan Huang at yuan.huang@soton.ac.uk .

Event details

Abstract: This paper considers a just-in-time (JIT) manufacturing system in which a single manufacturer procures raw materials from a single supplier, process them to produce finished products, and then deliver the products to a single-buyer. The customer demand rate is assumed to be linearly decreasing time-varying. In the JIT system, in order to minimize the suppliers as well as the buyers holding costs, the supply of raw materials and the delivery of finished products are made in small quantities. In this case, both the supply and the delivery may require multiple instalments for a single production lot. We develop a mathematical model for this problem, propose a simple methodology for solving the model, and illustrate the effectiveness of the method with numerical examples. (Keywords: Inventory; Linear Time-varying Demand; Integrated; Just-in-time; Infinite Horizon)

Speaker information

Prof Dr Mohd Bin Omar,Department of the Institute of Mathematical Sciences, University of Malaya,Bio: Prof Dr Mohd Bin Omar is Head of Department of the Institute of Mathematical Sciences at the University of Malaya (Malaysia). He obtained an MSc at Hull University (UK) and a PhD at Exeter University (UK). His research interests are in the area of industrial optimisation and control, with a focus on production planning, buyer-vendor coordination, and inventory management. He has published in a wide range of academic journals including the European Journal of Operational Research, the International Journal of Production Economics and the International Journal of Production Research.

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