?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.
| ISBN: | 9783319008424 |
| Publication date: | 16th August 2013 |
| Author: | Klaus Altendorfer |
| Publisher: | Springer an imprint of Springer International Publishing |
| Format: | Paperback |
| Pagination: | 138 pages |
| Series: | Lecture Notes in Economics and Mathematical Systems |
| Genres: |
Management of specific areas Management decision making Operational research Organizational theory and behaviour |
?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.
Capacity and Inventory Planning for Make-to-Order Production Systems features in the following genres: Management of specific areas, Management decision making, Operational research, Organizational theory and behaviour
Capacity and Inventory Planning for Make-to-Order Production Systems is available in Paperback
Capacity and Inventory Planning for Make-to-Order Production Systems was written by Klaus Altendorfer and published by Springer an imprint of Springer International Publishing
Capacity and Inventory Planning for Make-to-Order Production Systems has 138 pages
Yes it is part of Lecture Notes in Economics and Mathematical Systems series