生产计划与控制教学课件（清华大学）PPC L07 Inventory Control 2.pdfVIP

Lecture 7Lecture 7 Inventory ControlInventory Control Subject to Uncertain DemandSubject to Uncertain Demand Ye ChengYe Cheng Dept. of Industrial EngineeringDept. of Industrial Engineering Tsinghua UniversityTsinghua University Ye Cheng, Dept. IE, Tsinghua University PPC Lecture 7 Inventory Control Subject to Uncertain Demand 1 Inventory Control Subject to Uncertain Demand  Uncertainty of demand for Models product  Past experience provide useful information for Periodic review planning  Estimate probability • One planning period distribution • Multiple planning period  Objective: minimize expected cost or maximize expected profits Continuous review Ye Cheng, Dept. IE, Tsinghua University PPC Lecture 7 Inventory Control Subject to Uncertain Demand 2 Single-Period Model  Planning for initial shipment sizes for high fashion items  Ordering policies for food products that perish quickly  Determining run sizes for items with short useful lifetimes Newsboy Model  Objective: Balance the costs of overage (ordering too much) and underage (ordering too little) Ye Cheng, Dept. IE, Tsinghua University PPC Lecture 7 Inventory Control Subject to Uncertain Demand 3 Example: The Nature of Randomness  Mac’s, a local newsstand  The Computer Journal, a popular weekly magazine  Pay 25 cents for each copy, sell each for 75 cents  Not sold return to supplier for 10 cents each  Kept records of the demand each week  Actually sold + not satisfied Ye Cheng, Dept. IE, Tsinghua University PPC Lecture 7 Inventory Control Subject to Uncertain