IE 3523 • Final • Production and Service Systems Planning

Newsvendor Problem

Cost Calculation and Optimal Solution

Example 1

Additional Values

Example 2

Lot Size-Reorder Level (Q,R) Model

Optimal Solution

Example 1

Extra Quantities

Example 2

Service Levels

Given Type 1 Service Level

Given Type 2 Service Level (SU)

Given Type 2 Service Level (Others)

Lead Time Variability

Q System

Example 3

P System

Example 4

(s,S) Policy

Service Levels in (s,S) Policy

What is MRP?

Bill of Materials (BOM)

MRP Records

Example 1

Example 2

MRP Record Update

Example 3

Example 4

Goals and Assumptions

Lot-For-Lot Method

Economic Order Quantity Method

Periodic Order Quantity Method

Silver-Meal Heuristic

Least Unit Cost Heuristic

Part-Period-Balancing Method

Example 1

Example 2 Part 1

Example 2 Part 2

Wagner Whitin Algorithm

Example 3

Single Machine Scheduling

First Come First Served

Shortest Processing Time

Earliest Due Date

Critical Ratio

Example 1

Multiple Machine Scheduling

Finding Completion Times

Scheduling n Jobs in Two Machines

Extension to Three Machines

Example 2

Example 3

Example 4

Inventory Planning Subject to Unknown Demand 1

Inventory Planning Subject to Unknown Demand 2

Inventory Planning Subject to Unknown Demand 3

Inventory Planning Subject to Unknown Demand 4

Inventory Planning Subject to Unknown Demand 5

Inventory Planning Subject to Unknown Demand 6

Inventory Planning Subject to Unknown Demand 7

Inventory Planning Subject to Unknown Demand 8

Inventory Planning Subject to Unknown Demand 9

Inventory Planning Subject to Unknown Demand 10

Material Requirement Planning 1

Material Requirement Planning 2

Material Requirement Planning 3

Material Requirement Planning 4

Lot Sizing 1

Lot Sizing 2

Lot Sizing 3

Operations Scheduling 1

Operations Scheduling 2

Operations Scheduling 3

Operations Scheduling 4