Capacity and Inventory Planning for Make-to-Order Production Systems

The Impact of a Customer Required Lead Time Distribution
2014
ISBN: 978-3-319-00842-4
Verlag: Springer International Publishing

Buch, Englisch, Band 671, 138 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 2467 g

Reihe: Lecture Notes in Economics and Mathematical Systems

The book presents different models for the simultaneous optimization problem of capacity investment and work release rule parameterization. The overall costs are minimized either including backorder costs or considering a service level constraint. The available literature is extended with the integration of a distributed customer required lead time in addition to the actual demand distribution. Furthermore, an endogenous production lead time is introduced. Different models for make-to-order production systems with one or multiple serial processing stages are developed. Capacity investment is linked to the processing rates of the machines or to the number of the machines. Results are equations for service level, tardiness, and FGI lead time in such a production system. For special cases with M/M/1 and M/M/s queues explicit solutions of the optimization problems or optimality conditions concerning capacity investment and work release rule parameterization are provided.

Zielgruppe

Research

Autoren/Hrsg.

Altendorfer, Klaus

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Produktionsmanagement, Qualitätskontrolle

Inhaltsverzeichnis

Introduction.- Literature Review.- Single-Stage Service Level and Tardiness Model.- Simultaneous Capacity and Planned Lead Time Optimization.- Optimal Composition of Number and Size of Machines.- Service Level Constraint Models.- Conclusion.

Über Autor(innen)

Altendorfer, Klaus
Klaus Altendorfer is Professor for Production and Operations Management at the University of Applied Sciences Upper Austria. He received a PhD in Logistics and Operations Management from the University of Vienna, Austria. Stochastic modelling of production systems, production economics and simulation for production planning improvement are his research topics.

Klaus Altendorfer is Professor for Production and Operations Management at the University of Applied Sciences Upper Austria. He received a PhD in Logistics and Operations Management from the University of Vienna, Austria. Stochastic modelling of production systems, production economics and simulation for production planning improvement are his research topics.