Analysis of the Variability of the Output from Production Systems

B. Tan

Working Papers from Koc University

Abstract: We consider production systems that can be modeled as Markov chains. A methodology to determine the exact distribution of the number of parts produced by a production system during a fixed time interval and also the exact distribution of the time to produce a given number of parts is presented. These distributions can beused to set due-dates according to the desired service level, to evaluate the due-time performance of production systems, and to derive other performance measures related to the variability of the output.

Keywords: PRODUCTION; MANUFACTURES (search for similar items in EconPapers)
JEL-codes: L23 (search for similar items in EconPapers)
Pages: 27 pages
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:fth:kocuni:1998/01

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