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Supply Model for Dependent Demand in the Peruvian Textile Industry: A Case Study

  • Universidad Peruana de Ciencias Aplicadas

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The main purpose of managing a supply chain is to ensure the life cycle of a product or service, from reception of raw materials to final distribution. A key factor in achieving the goals of the organization lies in the timing of its processes, since variations in demand can lead to late deliveries, cancellation of orders, and increased reliance on inventory. Therefore, this paper proposes a model that determines the optimal amount to be produced, taking into account the various stages of the supply chain, many of which have not been considered in original models. This model involves reducing inventory overruns and the opportunity cost of using the Excel spreadsheet.

Original languageEnglish
Title of host publication2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019
PublisherIEEE Computer Society
Pages891-895
Number of pages5
ISBN (Electronic)9781728138046
DOIs
StatePublished - Dec 2019
Event2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019 - Macao, Macao
Duration: 15 Dec 201918 Dec 2019

Publication series

NameIEEE International Conference on Industrial Engineering and Engineering Management
ISSN (Print)2157-3611
ISSN (Electronic)2157-362X

Conference

Conference2019 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2019
Country/TerritoryMacao
CityMacao
Period15/12/1918/12/19

Keywords

  • Inventory Optimization Models
  • Supply chain
  • Textile
  • economic production quantity (EPQ)
  • economical to order (EOQ) quantity

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