Optimization of Work-in-Progress Inventory of Bottleneck Process: A Case Study of Passenger Car Industry
S.G. Mani and
Bhimaraya Metri
Additional contact information
S.G. Mani: S.G. Mani is Research scholar at International Management Institute (IMI), New Delhi, 110016, India. E-mail: sganeshmani@gmail.com
Bhimaraya Metri: Bhimaraya Metri is Professor and Dean (Academics) at International Management Institute (IMI), New Delhi, 110016, India. E-mail: metri@imi.edu
Global Business Review, 2014, vol. 15, issue 4_suppl, 49S-58S
Abstract:
The manufacturing of motor vehicle involves series of processes starting from welding steel sheets to form a welded body, painting and assembling sequentially to finally give it a sellable form. The nature and the intricacy involved in each processes determine the rate of production. Also, factors such as machine/equipment breakdowns result in alteration of the production rates further affecting the smooth manufacturing flow. This case study discusses how mismatches in the production rates (designed and altered) in a high-speed conveyors of various processes (starvation/blockages) could be minimized by ensuring optimized buffer storages by building WIP and minimizing risk of demand loss and optimizing inventory costs keeping the productivity also into consideration.
Keywords: Work-in-progress; energy cost; starvation/blockage; buffer; probability (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0972150914550547 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sae:globus:v:15:y:2014:i:4_suppl:p:49s-58s
DOI: 10.1177/0972150914550547
Access Statistics for this article
More articles in Global Business Review from International Management Institute
Bibliographic data for series maintained by SAGE Publications ().