... (MTS)) system, production and distribution decisions are based on forecasts As a result, production anticipates effective demand, and inventories are held in warehouses and at the retailers Whether ... process characteristics, as well as demand volume and variability MTO systems are more suitable whenever lead times are short, products are costly, and demand is low and highly variable In some cases, ... demand from local warehouses (replenished at low frequency) Coping with randomness in customer demand and lead times Inventories of finished goods (safety stocks) help satisfy customer demand...
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Tài liệu Introduction to Communication systems the theory of probability. pdf
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