OPTIMIZATION OF REORDERING POINTS: REALISTIC SOLUTION TO AN EXTENSIVELY STUDIED, BUT POORLY SOLVED PROBLEM.

AITOR GOTI; JURAJ URADNICEK; MIGUEL  ORTEGA MIER; ALVARO GARCIA SANCHEZ

doi:https://doi.org/10.6036/3847

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OPTIMIZATION OF REORDERING POINTS: REALISTIC SOLUTION TO AN EXTENSIVELY STUDIED, BUT POORLY SOLVED PROBLEM.

SEPTEMBER 2010 - Volume: 85 - Pages: 473-479

DOI:

https://doi.org/10.6036/3847

Authors:

AITOR GOTI

- JURAJ URADNICEK - MIGUEL ORTEGA MIER -

ALVARO GARCIA SANCHEZ

Disciplines:

Organization and management of enterprises (ORGANIZACIÓN DE LA PRODUCCIÓN )

Downloads: 225

Cites in Web of Science: 1

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Received Date : 21 June 2010

Reviewing Date : 1 July 2010

Accepted Date : 6 July 2010

Key words:: punto de pedido, optimización, toma de decisiones, simulación de eventos discretos, reordering points, optimization, decision making, discrete event simulation.
Article type:: ARTICULO DE INVESTIGACION / RESEARCH ARTICLE
Section:: VARIOUS

ABSTRACT
The optimization of the reordering point of raw materials and maintenance spare parts is a problem extensively studied in the academic field, but poorly solved in the context of plant management. Most small or medium sized enterprises do not have tools to establish appropriate reordering policies. This paper focuses on the problem of the optimization of reordering points through the usage of Discrete Event Simulation software combined with Simulated Annealing. The program has been used to optimize the reordering points of a plastic manufacturing company obtaining satisfactory results.
KEY WORDS: reordering points, optimization, decision making, discrete event simulation.

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