Inventory Management under Fluctuating Raw Material Prices

原材料价格波动下的库存管理

• 批准号: 0652942
• 负责人: Jian Yang
• 金额: --
• 依托单位: New Jersey Institute of Technology
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 2007
• 资助国家: 美国
• 起止时间: 2007-06-15 至 2010-05-31
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=0652942&HistoricalAwards=false
• 关键词: Inventory; Management; under; Fluctuating; Raw

This grant provides funding for the analysis of theoretical models and development of numerical tools for the joint dynamic acquisition-production-pricing control problem. Its goal is to produce general guidelines and managerial insights that will assist firms that battle fluctuating raw material prices in making prudent operational decisions. Progressively more sophisticated models will be studied. Starting with a base model where states of the raw material prices are discrete, the project will move on to more complicated settings involving continuous raw material price states, simultaneous acquisition-production considerations, simultaneous acquisition-pricing considerations, and other extensions. For each of the models, the optimal operations policies for the firm will be sought after. Also pursued will be special problem conditions that would lead to desired properties of the policies. Computational studies will be performed to establish, as definitive as possible, links between policy characteristics and model parameters. If successful, results of the research will lead to better understanding of the joint dynamic control problem and advancement of related theoretical fields. They will also offer practitioners a set of technical guidelines, and therefore enhance their systematic understanding of the joint management of acquisition, production, and pricing in the face of varying raw material prices. Results of the research will be disseminated through refereed professional journals and conference presentations, and the computer programs developed will be made available to the public. Furthermore, the project will establish mutually-beneficial relationships with manufacturing firms that frequently face the joint acquisition-production-pricing decision puzzle. Finally, the research will engage the participation of Ph.D. and MS students and help them prepare for their academic and industry careers.

该赠款为联合动态收购-生产-定价控制问题的理论模型分析和数值工具开发提供资金。 其目标是提供一般指导方针和管理见解，帮助企业做出审慎的运营决策，应对原材料价格波动。 将逐渐研究更复杂的模型。 从原材料价格状态离散的基本模型开始，该项目将转向更复杂的设置，涉及连续原材料价格状态、同时收购-生产考虑因素、同时收购-定价考虑因素和其他扩展。 对于每种模型，都将寻求公司的最佳运营政策。 还将追求特殊的问题条件，以产生所需的策略特性。 将进行计算研究，以尽可能明确地建立政策特征和模型参数之间的联系。 如果成功，研究结果将有助于更好地理解联合动态控制问题并推动相关理论领域的进步。 他们还将为从业者提供一套技术指南，从而增强他们在面对不断变化的原材料价格时对采购、生产和定价联合管理的系统理解。 研究结果将通过专业期刊和会议演讲传播，开发的计算机程序将向公众开放。 此外，该项目还将与经常面临联合采购-生产-定价决策难题的制造公司建立互利关系。 最后，该研究将吸引博士的参与。和硕士生，帮助他们为学术和行业职业生涯做好准备。