The role of demand uncertainty in materials selection : a case study on aluminum recycling

Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Materials Science and Engineering, 2007.

Bibliographic Details
Main Author: Dabbas, Hashem H
Other Authors: Randolph E. Kirchain, Jr.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2008
Subjects:
Online Access:http://hdl.handle.net/1721.1/42992
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author Dabbas, Hashem H
author2 Randolph E. Kirchain, Jr.
author_facet Randolph E. Kirchain, Jr.
Dabbas, Hashem H
author_sort Dabbas, Hashem H
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description Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Materials Science and Engineering, 2007.
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spelling mit-1721.1/429922019-04-11T01:19:43Z The role of demand uncertainty in materials selection : a case study on aluminum recycling Dabbas, Hashem H Randolph E. Kirchain, Jr. Massachusetts Institute of Technology. Dept. of Materials Science and Engineering. Massachusetts Institute of Technology. Dept. of Materials Science and Engineering. Materials Science and Engineering. Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Materials Science and Engineering, 2007. "June 2007." Includes bibliographical references (leaves 53-54). Aluminum is a versatile material that is used frequently in transportation and packaging, two industries with substantial recent growth. The increase in demand for aluminum, however, has outpaced the growth of primary aluminum production. One way to meet this shortfall is the use of secondary, or recycled, materials which provides both economic and environmental benefits. The increased use of secondary materials is limited by numerous factors; one such factor of concern is uncertainty. One form of uncertainty that all producers face is consumer demand; this will be the focus of this study. The two stage recourse optimization model presented in this thesis aims to provide batch planners with a tool to effectively manage raw materials in an uncertain demand environment. This model enhances existing research by increasing the number of demand scenarios considered by an increase in the model's resolution. The two metrics evaluated are scrap purchased and production cost. The batch planning process is affected by a number of assumptions about factor inputs including the model resolution, salvage value, coefficient of variation, scrap cost and compositional constraints. Results show that understanding the influence of these factors provides producers with the insight and ability to effectively manage and mitigate the effects of demand uncertainty in a cost minimization framework. by Hashem H. Dabbas. S.B. 2008-11-07T18:49:33Z 2008-11-07T18:49:33Z 2007 Thesis http://hdl.handle.net/1721.1/42992 233639713 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 54 leaves application/pdf Massachusetts Institute of Technology
spellingShingle Materials Science and Engineering.
Dabbas, Hashem H
The role of demand uncertainty in materials selection : a case study on aluminum recycling
title The role of demand uncertainty in materials selection : a case study on aluminum recycling
title_full The role of demand uncertainty in materials selection : a case study on aluminum recycling
title_fullStr The role of demand uncertainty in materials selection : a case study on aluminum recycling
title_full_unstemmed The role of demand uncertainty in materials selection : a case study on aluminum recycling
title_short The role of demand uncertainty in materials selection : a case study on aluminum recycling
title_sort role of demand uncertainty in materials selection a case study on aluminum recycling
topic Materials Science and Engineering.
url http://hdl.handle.net/1721.1/42992
work_keys_str_mv AT dabbashashemh theroleofdemanduncertaintyinmaterialsselectionacasestudyonaluminumrecycling
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