Conclusion
Klaus Altendorfer
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Klaus Altendorfer: University of Applied Sciences Upper Austria
Chapter Chapter 7 in Capacity and Inventory Planning for Make-to-Order Production Systems, 2014, pp 125-127 from Springer
Abstract:
Abstract In this book the influence of a customer required lead time distribution on the optimal capacity investment and the optimal work release rule parameterization is evaluated either including backorder costs or considering a service level constraint. A set of equations for the logistical key figures FGI, FGI lead time, backorders, tardiness, and service level has been developed in integral form based on the production lead time distribution when a planned lead time or WAW work release rule is applied and customers request random due dates. These equations can be used in real production systems to identify the influence of the customer required lead time distribution on the above mentioned logistical key figures. Additionally, explicit equations for these logistical key figures have been derived for a set of different production systems. The main findings are stated in this conclusion.
Keywords: Lead Time; Managerial Insight; Backorder Cost; Service Level Constraint; Work Release (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-319-00843-1_7
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DOI: 10.1007/978-3-319-00843-1_7
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