Degree Type

Creative Component

Semester of Graduation

Spring 2019

Department

Theses & dissertations (College of Business)

First Major Professor

Anthony Townsend

Second Major Professor

Russell Laczniak

Degree(s)

Master of Science (MS)

Major(s)

Information Systems

Abstract

Supply chains are often under constant pressure to offer high service level to its customers by efficiently managing inventory levels despite the variability in demand, lead time etc. A national cat litter company, DEF Corporation, is trying to evaluate the optimal levels of inventory, both cycle stock and safety stock on a non-constrained production line which is constrained by the limited storage space for raw material. The research aims to develop an Economic Order Quantity (EOQ) model for DEF Corporation and to determine the amount of finished goods inventory essential to compensate for the limited amount of raw material inventory that could be stocked due to limited storage. The study would also calculate safety stocks to deal with demand uncertainties. The results would provide a model for calculating optimum levels of inventory that would manage demand variability. The study would be beneficial for DEF as it would avoid lost sales due to stock outs.

Copyright Owner

Gupta, Richa

File Format

pdf

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