(67c) Variability, Inventory Uncertainty and Supply Chains
AIChE Spring Meeting and Global Congress on Process Safety
2010
2010 Spring Meeting & 6th Global Congress on Process Safety
13th Topical on Refinery Processing
Logistics and Information Management
Tuesday, March 23, 2010 - 9:30am to 10:00am
This session will develop a fundamental understanding of how cycle time variation in stages of a supply chain propagates into measures of overall cycle time. Application can be seen in supply chains and inside plants with batch processes. While the sources of variation are symmetrical and can be modeled as uniform or normal, their effect is one-sided; always worse. A simulation will show how lead times only get longer and ?good periods? do not average out. Categories of improvement model including: removing uncertainty at each stage and an inventory control strategy. It will highlight the relationship between maintaining inventory and variation.
Checkout
This paper has an Extended Abstract file available; you must purchase the conference proceedings to access it.
Do you already own this?
Log In for instructions on accessing this content.
Pricing
Individuals
2010 Spring Meeting & 6th Global Congress on Process Safety
AIChE Pro Members | $150.00 |
AIChE Graduate Student Members | Free |
AIChE Undergraduate Student Members | Free |
AIChE Explorer Members | $225.00 |
Non-Members | $225.00 |
13th Topical on Refinery Processing only
AIChE Pro Members | $100.00 |
Fuels and Petrochemicals Division Members | Free |
AIChE Graduate Student Members | Free |
AIChE Undergraduate Student Members | Free |
AIChE Explorer Members | $150.00 |
Non-Members | $150.00 |