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Planning Stability in Material Requirements Planning Systems
 
 
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Planning Stability in Material Requirements Planning Systems [Paperback]

Gerald Heisig (Author)

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Book Description

3540430156 978-3540430155 March 22, 2002 1
In logistics systems, the issue of planning stability has attracted increased attention and interest in recent years. This is mainly due to an increasing integration of planning systems both within and across companies in supply chain management. The propagation of adjustments in planning systems first acquired wide attention when MRP systems were employed as standard planning tools for material coordination. Within a rolling horizon framework the MRP application produced considerable planning instability which origins from uncertainties in the planner's exogenous environment as well as from endogenous sources. This book presents an analytical investigation that gives deep insight into the influence of different kind of inventory control rules on the stability of material planning systems under stochastic demand in a rolling horizon environment.

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Inside This Book (learn more)
First Sentence:
In recent years, supply chain management has attracted increased attention and interest in the field of business logistics. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
rolling horizon schedule, stability horizon, setup stability, inventory control rules, nervousness measure, rolling horizon planning framework, actual inventory position, successive planning cycles, exponentially distributed demand, stability quotients, expected demand per period, reorder point policies, traditional inventory systems, low lot sizes, planning stability, rescheduling messages, subsequent planning cycles, dampening procedures, different return rates, system nervousness, large return rates, order upto, stochastic inventory control, initial stock level, setup decisions
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Van Donselaar, Inflexibility Factor, Clarification of Terms
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