Management of Stochastic Demand in Make-to-Stock Manufacturing
Download Url(s)
https://library.oapen.org/bitstream/20.500.12657/26871/1/1003172.pdf---
https://library.oapen.org/bitstream/20.500.12657/26871/1/1003172.pdf
---
https://library.oapen.org/bitstream/20.500.12657/26871/1/1003172.pdf
---
https://library.oapen.org/bitstream/20.500.12657/26871/1/1003172.pdf
Author(s)
Quante, Rainer
Language
EnglishAbstract
Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it is often done today requires more sophisticated approaches explicitly considering stochastic influences. This book reviews current literature, presents a framework that addresses revenue management and demand fulfillment at once and introduces new stochastic approaches for demand fulfillment in make-to-stock manufacturing based on the ideas of the revenue management literature.
Keywords
Available-to-Promise; Demand; Demand Fulfillment; Make; Management; Manufacturing; Quante; Revenue Management; Stochastic; Stochastic Models; StockDOI
10.3726/b13905ISBN
9783631753866Publication date and place
Bern, 2018Series
Forschungsergebnisse der Wirtschaftsuniversitaet Wien,Classification
Economic theory and philosophy
Purchasing and supply management
Distribution and logistics management