Proceedings of the 2015 International Conference on Mechatronics, Electronic, Industrial and Control Engineering

Optimization of the Inventory Control Model of Auto Enterprise Parts Based on AHP

Authors
Xuelian Wang, Xiaoling Li
Corresponding Author
Xuelian Wang
Available Online April 2015.
DOI
10.2991/meic-15.2015.46How to use a DOI?
Keywords
Analytic hierarchy process (AHP); Inventory control; ABC classification;Optimization; Combined weight
Abstract

1. Objective: In order to solve inventory control problems of auto parts in automobile industry, such as overstock, stock capital was exorbitant and so on;2. Methods: Value, stock out loss degree, purchasing lead time, profit rate and demand rate were selected as the evaluation criterion. At the same time, taken into account the difference of operational characteristics between the auto parts and repair parts of manufacturing enterprises auto parts were divided into quick-wear parts, repair parts, basic parts, and accident parts in accordance with consumption rule. The optimization model based on AHP was set up and analyzed. Finally, Auto parts were re- classified with the sequencing result of combined weights and ABC method in order to control them in different degree.3. Results: Consistence Ratio C.R.=0.0469<0.1, the global consistency of the judgment matrix was acceptable. The four parts were ordered according to the combined weights, that was B3> B4> B2> B1.4. Conclusion: Compared with traditional inventory control methods, more influence factors were considered, the hierarchical structure model with auto parts characteristics was set up which would make the parts classification more accurate and the inventory structure more reasonable.

Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2015 International Conference on Mechatronics, Electronic, Industrial and Control Engineering
Series
Advances in Engineering Research
Publication Date
April 2015
ISBN
978-94-62520-62-2
ISSN
2352-5401
DOI
10.2991/meic-15.2015.46How to use a DOI?
Copyright
© 2015, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Xuelian Wang
AU  - Xiaoling Li
PY  - 2015/04
DA  - 2015/04
TI  - Optimization of the Inventory Control Model of Auto Enterprise Parts Based on AHP
BT  - Proceedings of the 2015 International Conference on Mechatronics, Electronic, Industrial and Control Engineering
PB  - Atlantis Press
SP  - 189
EP  - 193
SN  - 2352-5401
UR  - https://doi.org/10.2991/meic-15.2015.46
DO  - 10.2991/meic-15.2015.46
ID  - Wang2015/04
ER  -