Construction and analysis of the model for stochastic optimization of inventory management at a ship repair yard
Journal Title: Восточно-Европейский журнал передовых технологий - Year 2018, Vol 6, Issue 3
Abstract
<p>A stochastic model of work of inventory management system at a ship repair yard (SRY) has been developed. In order to account for factors related to uncertainties and risks (random moments of arrival of ships at SRY, random volumes of repairs), it has been proposed to apply the apparatus of Markov drift processes for modeling. These processes make it possible to take into consideration the discrete character of change in the number of vessels at SRY, as well as the ongoing character of fluctuation in the inventory level of materials in warehouse. In this case, docks at SRY are interpreted as a queueing system. It is also assumed that the restocking of materials at a warehouse and their utilization during repair of ships is carried out continuously, at constant intensities, but depending on the availability of a material in warehouse. The result of this study is the stated problem on stochastic optimization of intensities in the resupply of materials based on the criterion of minimum cumulative average current expenses of the yard, which also take into consideration the losses associated with additional downtime of ships due to the lack of materials in warehouse during repair. It has been shown that the results obtained are important to the practical operation of SRY supply department as they make it possible to build a strategy for the replenishment of materials in stock at SRY under conditions of time-dependent non-uniformity in the need for ship repairs. From a theoretical point of view, the obtained results demonstrate a possibility of using the apparatus of Markov drift processes to solve various problems on optimal inventory control under conditions of random fluctuations in the demand for materials in warehouse.</p>
Authors and Affiliations
Igor Petrov, Mykhaylo Postan
Keywords
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- EP ID EP528262
- DOI 10.15587/1729-4061.2018.151922
- Views 51
- Downloads 0
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