University of Twente Student Theses
Inventory policy design for chisel tips at Rottink Zuigerverenfabriek
Miocevic, I. (2024) Inventory policy design for chisel tips at Rottink Zuigerverenfabriek.
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| Abstract: | The thesis addresses Rottink, a piston ring manufacturer, aiming to optimize its inventory management for chisel tips. The current ad hoc approach leads to suboptimal inventory management costs and stockouts. The proposed solution involves a new deterministic, multi-item inventory policy using the Chan and Chiu heuristic, aiming to reduce costs and separate orders. A complementary warehouse procedure, including transparent guidelines and a last-package container, is introduced to prevent errors in adherence to the warehouse procedure. These two deliverables aim to optimize inventory management of chisel tips at Rottink. |
| Item Type: | Essay (Bachelor) |
| Clients: | Rottink Zuigerverenfabriek, Almelo, the Netherlands |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 01 general works |
| Programme: | Industrial Engineering and Management BSc (56994) |
| Link to this item: | https://purl.utwente.nl/essays/98072 |
| Export this item as: | BibTeX EndNote HTML Citation Reference Manager |
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