Capacity And Inventory Planning For Make-to-order Production Systems

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    Capacity and Inventory Planning for Make-to-Order Production Systems
    The Impact of a Customer Required Lead Time Distribution
    By: Klaus Altendorfer
    Publisher:
    Springer
    Print ISBN: 9783319008424, 3319008420
    eText ISBN: 9783319008431, 3319008439
    Copyright year: 2014
    Format: EPUB
    Available from $ 89.00 USD
    SKU 9783319008431
    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.
     

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