Afolalu, Sunday A. and Oladipupo, Segun Isaac and Ongbali, Samson O. and Abioye, Abiodun A. and Abdulkareem, Ademola and Udo, Mfon .O and Ajayi, O. O. (2020) Queueing Theory an Index Factor for Production Inventory Control in Automotive Industry—A Review. In: Trends in Manufacturing and Engineering Management, 2020, Online.
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Abstract
In this paper, various approaches to inventory control within the automotive industry were reviewed using queueing theory. Different models used in past literature were stated and the model considered to be most effective in this review is dock management modeling. This model was used to analyze inventory control and how effectively automotive industries can minimize inventory by getting the component needed in the assembly line just in time, this helps to reduce additional costs for warehouse maintenance and capital tied down in form of excess inventory. Analytical and simulation models are the mathematical models that are considered in this review as they are used in several papers by different authors.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Queueing theory Index factor Inventory Automotive Model |
| Subjects: | T Technology > TK Electrical engineering. Electronics Nuclear engineering |
| Divisions: | Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science |
| Depositing User: | Mrs Patricia Nwokealisi |
| Date Deposited: | 18 Jan 2022 11:09 |
| Last Modified: | 18 Jan 2022 11:09 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/15572 |
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