Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous Demand
How to satisfy customers’ heterogeneous demands by limited models of product is the key problem in an ATO (Assemble-to-Order) manufacturer’s operations management. Based on the condition that customers’ demands depend on their types which follow uniform distribution, we develop an inventory model to...
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| Format: | Article |
| Language: | English |
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Wiley
2013-01-01
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| Series: | Journal of Applied Mathematics |
| Online Access: | http://dx.doi.org/10.1155/2013/714715 |
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| _version_ | 1832551728918036480 |
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| author | Yuyu Li Bo Huang |
| author_facet | Yuyu Li Bo Huang |
| author_sort | Yuyu Li |
| collection | DOAJ |
| description | How to satisfy customers’ heterogeneous demands by limited models of product is the key problem in an ATO (Assemble-to-Order) manufacturer’s operations management. Based on the condition that customers’ demands depend on their types which follow uniform distribution, we develop an inventory model to study how an ATO manufacturer selects the products from the candidate products in a same
product family and determines components replenishment quantities, in order to maximize its profit. We get the optimal set of products which an ATO manufacturer should assemble, as well as the components replenishment quantities through theoretical, numerical, and case analyses. Furthermore, we
propose an algorithm to obtain the optimal solution on the set of products and the components replenishment quantities. We found that an ATO manufacturer should make the performance and qualities of products over a certain level, and determine the optimal selling duration of products according to
their selling prices and qualities, as well as the purchase prices and holding costs of their components. This paper offers consultation for ATO manufacturers to make policies on product selection and components replenishment. |
| format | Article |
| id | doaj-art-39f51ab5879548f3b9d4e3f48a2f0230 |
| institution | Kabale University |
| issn | 1110-757X 1687-0042 |
| language | English |
| publishDate | 2013-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Journal of Applied Mathematics |
| spelling | doaj-art-39f51ab5879548f3b9d4e3f48a2f02302025-02-03T06:00:40ZengWileyJournal of Applied Mathematics1110-757X1687-00422013-01-01201310.1155/2013/714715714715Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous DemandYuyu Li0Bo Huang1College of Computer and Information Science, Chongqing Normal University, Chongqing 400047, ChinaCollege of Economics and Business Administration, Chongqing University, Chongqing 400044, ChinaHow to satisfy customers’ heterogeneous demands by limited models of product is the key problem in an ATO (Assemble-to-Order) manufacturer’s operations management. Based on the condition that customers’ demands depend on their types which follow uniform distribution, we develop an inventory model to study how an ATO manufacturer selects the products from the candidate products in a same product family and determines components replenishment quantities, in order to maximize its profit. We get the optimal set of products which an ATO manufacturer should assemble, as well as the components replenishment quantities through theoretical, numerical, and case analyses. Furthermore, we propose an algorithm to obtain the optimal solution on the set of products and the components replenishment quantities. We found that an ATO manufacturer should make the performance and qualities of products over a certain level, and determine the optimal selling duration of products according to their selling prices and qualities, as well as the purchase prices and holding costs of their components. This paper offers consultation for ATO manufacturers to make policies on product selection and components replenishment.http://dx.doi.org/10.1155/2013/714715 |
| spellingShingle | Yuyu Li Bo Huang Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous Demand Journal of Applied Mathematics |
| title | Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous Demand |
| title_full | Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous Demand |
| title_fullStr | Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous Demand |
| title_full_unstemmed | Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous Demand |
| title_short | Product Selection and Components Replenishment Model of ATO Manufacturer under Heterogeneous Demand |
| title_sort | product selection and components replenishment model of ato manufacturer under heterogeneous demand |
| url | http://dx.doi.org/10.1155/2013/714715 |
| work_keys_str_mv | AT yuyuli productselectionandcomponentsreplenishmentmodelofatomanufacturerunderheterogeneousdemand AT bohuang productselectionandcomponentsreplenishmentmodelofatomanufacturerunderheterogeneousdemand |