IDEAS home Printed from https://ideas.repec.org/a/wly/navres/v50y2003i2p184-194.html
   My bibliography  Save this article

A componentwise index of service measurement in multi‐component systems

Author

Listed:
  • Sridhar Seshadri
  • Jayashankar M. Swaminathan

Abstract

In this paper we present a componentwise delay measure for estimating and improving the expected delays experienced by customers in a multi‐component inventory/assembly system. We show that this measure is easily computed. Further, in an environment where the performance of each of the item delays could be improved with investment, we present a solution that aims to minimize this measure and, in effect, minimizes the average waiting time experienced by customers. © 2002 Wiley Periodicals, Inc. Naval Research Logistics 50: 2003

Suggested Citation

  • Sridhar Seshadri & Jayashankar M. Swaminathan, 2003. "A componentwise index of service measurement in multi‐component systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 50(2), pages 184-194, March.
    • Handle: RePEc:wly:navres:v:50:y:2003:i:2:p:184-194
    DOI: 10.1002/nav.10050
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/nav.10050
    Download Restriction: no
    File URL: https://libkey.io/10.1002/nav.10050?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bennett Fox, 1966. "Discrete Optimization Via Marginal Analysis," Management Science, INFORMS, vol. 13(3), pages 210-216, November.
    2. Sridhar Seshadri & J. G. Shanthikumar, 1997. "Allocation of Chips to Wafers in a Production Problem of Semiconductor Kits," Operations Research, INFORMS, vol. 45(2), pages 315-321, April.
    3. Hausman, Warren H. & Lee, Hau L. & Zhang, Alex X., 1998. "Joint demand fulfillment probability in a multi-item inventory system with independent order-up-to policies," European Journal of Operational Research, Elsevier, vol. 109(3), pages 646-659, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xiaobo Zhao & Fan Fan & Xiaoliang Liu & Jinxing Xie, 2007. "Storage-Space Capacitated Inventory System with ( r, Q ) Policies," Operations Research, INFORMS, vol. 55(5), pages 854-865, October.
    2. Güllü, Refik & Köksalan, Murat, 2013. "A model for performance evaluation and stock optimization in a kit management problem," International Journal of Production Economics, Elsevier, vol. 143(2), pages 527-535.
    3. Ching, Wai Ki, 1997. "Markov-modulated Poisson processes for multi-location inventory problems," International Journal of Production Economics, Elsevier, vol. 53(2), pages 217-223, November.
    4. Mustafa Doğru & A. Kok & G. Houtum, 2013. "Newsvendor characterizations for one-warehouse multi-retailer inventory systems with discrete demand under the balance assumption," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 21(3), pages 541-559, September.
    5. Xiuli Chao & Liming Liu & Shaohui Zheng, 2003. "Resource Allocation in Multisite Service Systems with Intersite Customer Flows," Management Science, INFORMS, vol. 49(12), pages 1739-1752, December.
    6. Lijian Lu & Jing‐Sheng Song & Hanqin Zhang, 2015. "Optimal and asymptotically optimal policies for assemble‐to‐order n‐ and W‐systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 62(8), pages 617-645, December.
    7. Willem van Jaarsveld & Alan Scheller-Wolf, 2015. "Optimization of Industrial-Scale Assemble-to-Order Systems," INFORMS Journal on Computing, INFORMS, vol. 27(3), pages 544-560, August.
    8. Karaarslan, A.G. & Kiesmüller, G.P. & de Kok, A.G., 2013. "Analysis of an assemble-to-order system with different review periods," International Journal of Production Economics, Elsevier, vol. 143(2), pages 335-341.
    9. Anh Ninh & Benjamin Melamed & Yao Zhao, 2020. "Analysis and optimization of recruitment stocking problems," Annals of Operations Research, Springer, vol. 295(2), pages 747-767, December.
    10. Larsen, Christian, 2011. "Derivation of confidence intervals of service measures in a base-stock inventory control system with low-frequent demand," International Journal of Production Economics, Elsevier, vol. 131(1), pages 69-75, May.
    11. van Jaarsveld, Willem & Dollevoet, Twan & Dekker, Rommert, 2015. "Improving spare parts inventory control at a repair shop," Omega, Elsevier, vol. 57(PB), pages 217-229.
    12. Kochel, P., 2007. "Order optimisation in multi-location models with hub-and-spoke structure," International Journal of Production Economics, Elsevier, vol. 108(1-2), pages 368-387, July.
    13. Thomas L. Morin & Roy E. Marsten, 1974. "Brand-and-Bound Strategies for Dynamic Programming," Discussion Papers 106, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    14. Benjaafar, Saifallah, 1995. "Performance bounds for the effectiveness of pooling in multi-processing systems," European Journal of Operational Research, Elsevier, vol. 87(2), pages 375-388, December.
    15. Hsieh, Ying-Jiun, 2011. "Demand switching criteria for multiple products: An inventory cost analysis," Omega, Elsevier, vol. 39(2), pages 130-137, April.
    16. Yossi Aviv & Awi Federgruen, 2001. "Design for Postponement: A Comprehensive Characterization of Its Benefits Under Unknown Demand Distributions," Operations Research, INFORMS, vol. 49(4), pages 578-598, August.
    17. Li Ding & Kevin D. Glazebrook & Christopher Kirkbride, 2008. "Allocation Models and Heuristics for the Outsourcing of Repairs for a Dynamic Warranty Population," Management Science, INFORMS, vol. 54(3), pages 594-607, March.
    18. Feng Cheng* & Markus Ettl & Yingdong Lu & David D. Yao, 2012. "A Production–Inventory Model for a Push–Pull Manufacturing System with Capacity and Service Level Constraints," Production and Operations Management, Production and Operations Management Society, vol. 21(4), pages 668-681, July.
    19. Jing-Sheng Song & Yao Zhao, 2009. "The Value of Component Commonality in a Dynamic Inventory System with Lead Times," Manufacturing & Service Operations Management, INFORMS, vol. 11(3), pages 493-508, March.
    20. Sumit Kunnumkal & Huseyin Topaloglu, 2008. "A duality‐based relaxation and decomposition approach for inventory distribution systems," Naval Research Logistics (NRL), John Wiley & Sons, vol. 55(7), pages 612-631, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:navres:v:50:y:2003:i:2:p:184-194. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1002/(ISSN)1520-6750 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.