Management of Stochastic Demand in Make-to-Stock Manufacturing

Up to now, demand fulfillment in make-to-stock manufacturing is usually handled by advanced planning systems. Orders are fulfilled on the basis of simple rules or deterministic planning approaches not taking into account demand fluctuations. The consideration of different customer classes as it is often done today requires more sophisticated approaches explicitly considering stochastic influences. This book reviews current literature, presents a framework that addresses revenue management and demand fulfillment at once and introduces new stochastic approaches for demand fulfillment in make-to-stock manufacturing based on the ideas of the revenue management literature.

Autorentext

The Author: Rainer Quante, 2000-2005 Study of Business Computing at the University of Paderborn; 2004-2005 Diploma student at a car manufacturer in Ulm; 2005-2008 Doctoral student at the Vienna University of Economics and Business Administration; 2008 to present Supply Chain Controller at an Austrian Airline in Vienna.

Inhalt
Contents: Demand Fulfillment in Make-to-Stock Manifacturing A Framework for Demand Management Demand Management Models in Make-to-Stock Manifacturing Advanced Planning Systems Available-to-Promise Allocation and Order Promising Revenue Management Randomized Linear Programming.