A Dynamic inventory optimization method applied to printer fleet management

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dc.contributor.advisor Kuhl, Michael
dc.contributor.author Saripalli, Surya
dc.date.accessioned 2011-11-10T15:48:55Z
dc.date.available 2011-11-10T15:48:55Z
dc.date.issued 2011-09
dc.identifier.uri http://hdl.handle.net/1850/14295
dc.description.abstract Current optimization methods for inventory management of toner cartridges for printer fleets typically focus on aggregate cartridge demand. However, with the development of printer technology, toner consumption algorithms are being developed which can accurately quantify the amount of toner that has been consumed over time, based on print job characteristics. This research introduces a dynamic inventory optimization approach for a fleet of printers over a rolling time horizon. Given, the consumption algorithm for the printer system, the cumulative toner consumed per cartridge per printer can be tracked. A forecasting method is developed which utilizes this toner consumption data for individual printers to forecast toner cartridge replacement times. Taking into account the uncertainty related to demand, demand forecast and lead time, an optimization model has been developed to determine the order placement times and order quantities to minimize the total cost subject to a specified service level. An experimental performance evaluation has been conducted on the parameters of the dynamic inventory management algorithm. Based on the results of this evaluation, the implementation of this dynamic inventory optimization methodology could have a positive impact on printer fleet management. en_US
dc.language.iso en_US en_US
dc.subject Inventory management en_US
dc.subject Optimization en_US
dc.subject Printers en_US
dc.subject Simulation en_US
dc.subject Stochastic en_US
dc.subject.lcc Z249.4 .S37 2011 en_US
dc.subject.lcsh Materials management en_US
dc.subject.lcsh Laser printing--Equipment and supplies en_US
dc.subject.lcsh Consumption (Economics)--Mathematical models en_US
dc.subject.lcsh Business logistics en_US
dc.title A Dynamic inventory optimization method applied to printer fleet management en_US
dc.type Thesis en_US
dc.description.college Kate Gleason College of Engineering en_US
dc.description.department Department of Industrial & Systems Engineering en_US

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