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Anticipatory Batch Insertion To Mitigate Perceived Processing Risk

dc.contributor.authorVarghese, Smithaen
dc.date.accessioned2006-08-22T13:53:56Z
dc.date.available2006-08-22T13:53:56Z
dc.date.issued2004en
dc.date.submitted2004en
dc.description.abstractThe literature reviewed on lot-sizing models with random yields is limited to certain random occurrences such as day to day administrative errors, minor machine repairs and random supply due to faulty delivery of parts. In reality however, the manufacturing industry faces other risks that are non random in nature. One example would be yield discrepancies caused by non random triggers such as a change in the production process, product or material. Yield uncertainties of these types are temporary in nature and usually pertain until the system stabilizes. One way of reducing the implications of such events is to have additional batches processed earlier in the production that can absorb the risk associated with the event. In this thesis, this particular approach is referred to as the <i>anticipatory batch insertion</i> to mitigate perceived risk. This thesis presents an exploratory study to analyze the performance of batch insertion under various scenarios. The scenarios are determined by sensitivity of products, schedule characteristics and magnitude of risks associated with causal triggers such as a process change. The results indicate that the highest return from batch insertion can be expected when there are slightly loose production schedules, high volumes of sensitive products are produced, there are high costs associated with the risks, and the risks can be predicted with some degree of certainty.en
dc.formatapplication/pdfen
dc.format.extent437277 bytes
dc.format.mimetypeapplication/pdf
dc.identifier.urihttp://hdl.handle.net/10012/936
dc.language.isoenen
dc.pendingfalseen
dc.publisherUniversity of Waterlooen
dc.rightsCopyright: 2004, Varghese, Smitha. All rights reserved.en
dc.subjectManagementen
dc.subjectDisruptionen
dc.subjectBatch Insertionen
dc.subjectSchedule Hardnessen
dc.subjectWeighted Tardinessen
dc.titleAnticipatory Batch Insertion To Mitigate Perceived Processing Risken
dc.typeMaster Thesisen
uws-etd.degreeMaster of Applied Scienceen
uws-etd.degree.departmentManagement Sciencesen
uws.peerReviewStatusUnrevieweden
uws.scholarLevelGraduateen
uws.typeOfResourceTexten

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