Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant

Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2008.

Bibliographic Details
Main Authors: Li, Nan, M. Eng. Massachusetts Institute of Technology, Zhang, Guanghao
Other Authors: Chris Caplice.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2009
Subjects:
Online Access:http://hdl.handle.net/1721.1/45223
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author Li, Nan, M. Eng. Massachusetts Institute of Technology
Zhang, Guanghao
author2 Chris Caplice.
author_facet Chris Caplice.
Li, Nan, M. Eng. Massachusetts Institute of Technology
Zhang, Guanghao
author_sort Li, Nan, M. Eng. Massachusetts Institute of Technology
collection MIT
description Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2008.
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spelling mit-1721.1/452232019-04-12T12:32:31Z Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant Analysis and cost vs. reliability in a multi-echelon supply chain for a chemical plant Li, Nan, M. Eng. Massachusetts Institute of Technology Zhang, Guanghao Chris Caplice. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Engineering Systems Division. Engineering Systems Division. Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2008. Includes bibliographical references (leaves 62-63). The object of the thesis is to develop a simple approach or heuristic for managing various types of uncertainty within a chemical production/inventory system. Later the company can use it to minimize the total cost at any required Cycle Service Level (CSL) under variable demand and production reliability. To solve this problem, we will base historical data to estimate the distribution type, the average demand and the standard deviation for the production line and initially assume that some factors like holding cost, penalty cost, demand and lead-time affect the production/inventory policy. Then, based on the above data and assumptions we build a model in Excel and then simulate some cases where change variables input. The model then is verified by Geert-Jan van Houtum Methodology. Finally, we will carry out the outcome analysis to capture the essence or insights of the multi-echelon problem. by Nan Li & Guanghao Zhang. M.Eng.in Logistics 2009-04-29T17:11:00Z 2009-04-29T17:11:00Z 2008 2008 Thesis http://hdl.handle.net/1721.1/45223 303666085 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 63 leaves application/pdf Massachusetts Institute of Technology
spellingShingle Engineering Systems Division.
Li, Nan, M. Eng. Massachusetts Institute of Technology
Zhang, Guanghao
Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant
title Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant
title_full Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant
title_fullStr Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant
title_full_unstemmed Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant
title_short Analysis and cost versus reliability in a multi-echelon supply chain for a chemical plant
title_sort analysis and cost versus reliability in a multi echelon supply chain for a chemical plant
topic Engineering Systems Division.
url http://hdl.handle.net/1721.1/45223
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