The production planning and inventory management of finished goods for a pharmaceutical company
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2007.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2008
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| Online Access: | http://hdl.handle.net/1721.1/42991 |
| _version_ | 1826217776295968768 |
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| author | Gupta, Sumit, M. Eng. Massachusetts Institute of Technology |
| author2 | Stephen C. Graves. |
| author_facet | Stephen C. Graves. Gupta, Sumit, M. Eng. Massachusetts Institute of Technology |
| author_sort | Gupta, Sumit, M. Eng. Massachusetts Institute of Technology |
| collection | MIT |
| description | Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2007. |
| first_indexed | 2024-09-23T17:08:59Z |
| format | Thesis |
| id | mit-1721.1/42991 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T17:08:59Z |
| publishDate | 2008 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/429912019-04-11T09:29:09Z The production planning and inventory management of finished goods for a pharmaceutical company Gupta, Sumit, M. Eng. Massachusetts Institute of Technology Stephen C. Graves. Massachusetts Institute of Technology. Dept. of Mechanical Engineering. Massachusetts Institute of Technology. Dept. of Mechanical Engineering. Mechanical Engineering. Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2007. Includes bibliographical references (p. 77). This thesis is the result of a three month internship at TCG Pharmaceuticals, Singapore. With the worldwide initiative of lean in TCG, it has implemented the TCG Production System which finds its roots in the famous Toyota Production System. The recognition of the importance of reducing the waste of inventory by TCG is the main motivational force for this internship. This thesis documents the inventory levels of the finished goods in the current production scenario and also analyzes the inventory levels for the future as the production of a new product is aimed to be launched this year. The main purpose of this thesis is to suggest ways to better manage the finished goods inventory at TCG. The future states are modeled using a single stage multi product system and various scenarios are developed. A comparison is made between the TCG's planned production schedule and the production schedules developed based on the different scenarios generated using the model. The performance is measured in terms of the space that is needed in each case to hold the inventory. by Sumit Gupta. M.Eng. 2008-11-07T18:49:28Z 2008-11-07T18:49:28Z 2007 2007 Thesis http://hdl.handle.net/1721.1/42991 232661058 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 77 p. application/pdf Massachusetts Institute of Technology |
| spellingShingle | Mechanical Engineering. Gupta, Sumit, M. Eng. Massachusetts Institute of Technology The production planning and inventory management of finished goods for a pharmaceutical company |
| title | The production planning and inventory management of finished goods for a pharmaceutical company |
| title_full | The production planning and inventory management of finished goods for a pharmaceutical company |
| title_fullStr | The production planning and inventory management of finished goods for a pharmaceutical company |
| title_full_unstemmed | The production planning and inventory management of finished goods for a pharmaceutical company |
| title_short | The production planning and inventory management of finished goods for a pharmaceutical company |
| title_sort | production planning and inventory management of finished goods for a pharmaceutical company |
| topic | Mechanical Engineering. |
| url | http://hdl.handle.net/1721.1/42991 |
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