A decision model for the design and operation of inventory programmes in a manufacturing industry
Table Of Contents
Project Abstract
A working inventory model is developed to incorporate the partial back ordering inventory with references to the back ordering inventory model by Jonah and Chukwu. The re-order point models of maximum expected cost and service level approach were also established. Data, covering the demand, set-up cost, and the Holding cost were obtained from the Champion Breweries Plc, other related data were estimated. These enabled the application of the models to obtain, the review period, (T) the fill rate (F), the stock-out (S) and finally the order quantity (Q). It was found and could be recommended that a quantity (Q) of 285022 tons of plan sorghum be placed bi-ennialy with a lead time of four (4) weeks. At a time the stock level is expected to be at 58.746 tons.
Project Overview
Blazingprojects Mobile App
📚 Over 50,000 Project Materials
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Software coding and Machine construction
🎓 Postgraduate/Undergraduate Research works
📥 Instant Whatsapp/Email Delivery
Related Research
Design and Analysis of a Sustainable High-rise Building Using Green Construction Tec...
The project topic "Design and Analysis of a Sustainable High-rise Building Using Green Construction Techniques" focuses on the innovative approach of ...
Analysis and Design of Sustainable Green Building Structures using Bamboo as a Prima...
The project on "Analysis and Design of Sustainable Green Building Structures using Bamboo as a Primary Material" aims to explore the feasibility and b...
Analysis and design of a sustainable stormwater management system for urban areas....
The project topic, "Analysis and design of a sustainable stormwater management system for urban areas," addresses the critical need for effective stor...
Optimization of Reinforced Concrete Bridge Design for Enhanced Durability...
The project topic "Optimization of Reinforced Concrete Bridge Design for Enhanced Durability" focuses on improving the longevity and resilience of rei...
Optimization of Reinforced Concrete Structures Using Advanced Computational Tools...
The project on "Optimization of Reinforced Concrete Structures Using Advanced Computational Tools" aims to enhance the design and analysis process of ...
Design and Analysis of a Sustainable Urban Drainage System...
The project on "Design and Analysis of a Sustainable Urban Drainage System" aims to address the critical issue of urban drainage in modern cities. Urb...
Enhancing the Durability of Concrete Structures through the Application of Advanced ...
The project topic, "Enhancing the Durability of Concrete Structures through the Application of Advanced Materials," focuses on improving the longevity...
Analysis and Design of Sustainable Low-Carbon Building Materials for High-Rise Const...
The research project titled "Analysis and Design of Sustainable Low-Carbon Building Materials for High-Rise Construction" aims to address the growing ...
Optimization of Concrete Mix Designs for Sustainable Construction Practices...
The project titled "Optimization of Concrete Mix Designs for Sustainable Construction Practices" aims to address the growing need for environmentally ...
