Operations Research, Systems Engineering and Industrial Engineering Commons^™

Multi-Period, Multi-Platform Design And Lot-Sizing For Hybrid Manufacturing Considering Stochastic Demand And Processing Time, Md Sadman Sakib

Electronic Theses and Dissertations

During the era of digitalization, customer demand has become more customized than before. For this reason, the variety of products is increasing rapidly. Manufacturing industries are experiencing extraordinary challenges due to frequent updates of customer requirements. Now the manufacturers are focusing more on mass customization than mass production to keep pace with this situation, however, managing variety using the make-to-stock strategy increases holding costs, and the make-to-order strategy increases lead time. Moreover, uncertainty in demand is making mass customization more challenging. Though hybrid manufacturing is a promising concept for variety management, very few works consider stochastic demand. The concept of …