Abstract
The problems of In-process Inventory can be successfully formulated in terms of the Inventory levels which allow the maximum production or the lowest per unit cost. In this paper a reliability - theoretic approach to solve In-process Inventory problem in a Concrete Brick Manufacturing Plant is proposed. The model deals with stock out probability of the bunker of rated capacity assuming that the depletions of the stock from the bunker is linear with respect to the failure rate of the bunker.
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© 1991 Springer-Verlag Berlin · Heidelberg
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Ramani, S. (1991). A Stochastic Model for In-Process Inventory. In: Fandel, G., Zäpfel, G. (eds) Modern Production Concepts. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-76401-1_21
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DOI: https://doi.org/10.1007/978-3-642-76401-1_21
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-76403-5
Online ISBN: 978-3-642-76401-1
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