Date of Award
2013
Document Type
Master's report
Degree Name
Master of Science in Mechanical Engineering (MS)
College, School or Department Name
Department of Mechanical Engineering-Engineering Mechanics
Advisor
John Hill
Abstract
This report mainly deals with the interactive effect of different in-stock probabilities used by every individual in a supply chain. Based on a simulation for 10,000 weeks, the effects of varying in-stock probabilities are observed. Based on these observations, an individual in a supply chain can take counter measures in order to avoid stock out chances hence maintaining profits.
Recommended Citation
Chaudhari, Mangesh S., "INTERACTIVE EFFECT OF FIXED TIME ORDER STRATEGIES WITHIN A SUPPLY CHAIN ON ACTUAL IN-STOCK PROBABILITIES", Master's report, Michigan Technological University, 2013.