Abstract
A kit is a specific collection of components and/or tools needed for completing a procedure or producing a product. A multiperiod material planning system for production kits under the demand and procurement lead-time uncertainty is considered when component sharing among kits is plausible. Simulation experiments show that component sharing improves the system's service measure of average kit availability and average backorder quantity per period. Also, carrying component safety stock only enhances the benefits of component sharing by reducing the average backorder quantity at the expense of increased inventories, but does not improve the average kit availability.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
