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Paper Information

Journal:   JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL   DECEMBER 2015 , Volume 11 , Number 4; Page(s) 485 To 494.
 
Paper: 

APPLICATION OF QUEUING THEORY IN PRODUCTION-INVENTORY OPTIMIZATION

 
 
Author(s):  RASHID REZA, HOSEINI SEYED FARZAD*, GHOLAMIAN M.R., FEIZABADI MOHAMMAD
 
* DEPARTMENT OF INDUSTRIAL ENGINEERING, IRAN UNIVERSITY OF SCIENCE AND TECHNOLOGY, NARMAK, 16844 TEHRAN, IRAN
 
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.

 
Keyword(s): PRODUCTION INVENTORY, QUEUING THEORY, MULTI-ITEM INVENTORY, HEURISTIC ALGORITHM
 
 
References: 
 
Citations: 
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APA: Copy

RASHID, R., & HOSEINI, S., & GHOLAMIAN, M., & FEIZABADI, M. (2015). APPLICATION OF QUEUING THEORY IN PRODUCTION-INVENTORY OPTIMIZATION. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, 11(4), 485-494. https://www.sid.ir/en/journal/ViewPaper.aspx?id=510805



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. 2015 [cited 2021July29];11(4):485-494. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=510805



IEEE: Copy

RASHID, R., HOSEINI, S., GHOLAMIAN, M., FEIZABADI, M., 2015. APPLICATION OF QUEUING THEORY IN PRODUCTION-INVENTORY OPTIMIZATION. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, [online] 11(4), pp.485-494. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=510805.



 
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