生产计划与控制教学（清华大学）Assignment-for-Students-of-Demand_and_Inventory_Management.pdfVIP

Assignment on Inventory ControlAssignment on Inventory Control for Studentsfor Students Attending the Course ofAttending the Course of Demand Inventory ManagementDemand Inventory Management Ye ChengYe Cheng Dept. of Industrial EngineeringDept. of Industrial Engineering Tsinghua UniversityTsinghua University Ye Cheng, Dept. IE, Tsinghua University PPC Assignment on Inventory Control 1 Scenario 1: Managing Inventory of a Retailer  Suppose you are a manager of a convenience store in a local community  Major items in your store  Instant food, housekeeping products, and so on  Problems you are facing  Large variation in daily demand of items  Limited shelves and storage space  Tight cash flow  Question: how to control the inventory of items?  Safety stock level  Order quantity Ye Cheng, Dept. IE, Tsinghua University PPC Assignment on Inventory Control 2 Scenario 2: Managing Work-In-Process of a Workshop  Suppose you are a manager of a workshop in a manufacturing firm  WIP items in your workshop  Mechanical parts, sub-assemblies  Problems you are facing  Variation of customer orders  Random failure of machines  Random absence of skilled workers  Question: how to control the inventory of WIP?  Lower and upper limit of WIP inventory  Production batch size Ye Cheng, Dept. IE, Tsinghua University PPC Assignment on Inventory Control 3 Major Contents in Assignment Report  Description of the problems  Based on site investigations or searched situations from academic paper / website  Theoretical analysis  Qualitative and quantitative  Optimization polices