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Information Journal Paper

Title

APPLICATION OF QUEUING THEORY IN PRODUCTION-INVENTORY OPTIMIZATION

Pages

  485-494

Abstract

 This paper presents a mathematical model for an inventory control system in which customers’ demands and suppliers’ service time are considered as stochastic parameters. The proposed problem is solved through QUEUING THEORY for a single item. In this case, transitional probabilities are calculated in steady state. Afterward, the model is extended to the case of MULTI-ITEM INVENTORY systems. Then, to deal with the complexity of this problem, a new HEURISTIC ALGORITHM is developed. Finally, the presented bi-level inventory-queuing model is implemented as a case study in Electroestil Company.

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    APA: Copy

    RASHID, REZA, HOSEINI, SEYED FARZAD, GHOLAMIAN, M.R., & FEIZABADI, MOHAMMAD. (2015). APPLICATION OF QUEUING THEORY IN PRODUCTION-INVENTORY OPTIMIZATION. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, 11(4), 485-494. SID. https://sid.ir/paper/310026/en

    Vancouver: Copy

    RASHID REZA, HOSEINI SEYED FARZAD, GHOLAMIAN M.R., FEIZABADI MOHAMMAD. APPLICATION OF QUEUING THEORY IN PRODUCTION-INVENTORY OPTIMIZATION. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL[Internet]. 2015;11(4):485-494. Available from: https://sid.ir/paper/310026/en

    IEEE: Copy

    REZA RASHID, SEYED FARZAD HOSEINI, M.R. GHOLAMIAN, and MOHAMMAD FEIZABADI, “APPLICATION OF QUEUING THEORY IN PRODUCTION-INVENTORY OPTIMIZATION,” JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, vol. 11, no. 4, pp. 485–494, 2015, [Online]. Available: https://sid.ir/paper/310026/en

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