apsupport

A profit maximization formulation of the make vs. buy (manufacture vs. outsource) decision in electronics manufacturing.

The main goal of this research is to investigate and develop methods that will provide inventory analysts with better tools that can assess the trade-offs between cost, service, and risk within lean inventory systems. A literature review of the area was performed and metrics identified.

We develop a methodology that estimates lost sales for a corporation. This project considers item level demand and sales at individual clubs, day of the week effects, and product margin to develop a lost sales estimate.