Analysis of integrated procurement — production systems using mathematical and simulation modelling approaches |
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| Authors: | S K GOYAL S G DESHMUKH A SUBASH BABU |
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| Institution: | 1. Department of Decision Sciences and MIS , Concordia University , 1455 De Maisonneurve Blvd West, Montreal, Quebec, H36 1M8, Canada;2. Department of Mechanical Engineering , Indian Institute of Technology , Delhi, 110016, India;3. Department of Mechanical Engineering , Indian Institute of Technology , Bombay, 400076, India |
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| Abstract: | Abstract Integrated procurement-production (IPP) systems offer interesting scope for unifying procurement and production policies in a batch environment. The available literature on IPP is restrictive in its scope for applying to real-life situations. In this paper, an attempt is made to widen the scope of application by judiciously combining an analytical model with a simulation model. The results presented apply to a number of experimental studies carried out with this hybrid approach. The usefulness of such a hybrid approach is highlighted through the results pertaining to a number of simulated problem sets generated. |
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