Setup cost reduction in the dynamic lot-size model
Article Abstract:
A model is presented to determine the optimal investment for cutting setup cost while optimizing lot-sizing schedule. The model incorporates the trade-off between the savings resulting from reducing setup cost and the investment needed to effect the cost savings. The Wagner-Whitin model is extended with costs and demands dynamic but deterministic. Setup reduction is shown to be significantly worthwhile in terms of savings in 200 test problems.
Publication Name: Journal of Operations Management
Subject: Business, general
ISSN: 0272-6963
Year: 1993
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Manufacturing strategy and production systems: an integrated framework
Article Abstract:
A typology of production systems, according to technical complexity and flexibility, is proposed and related to manufacturing strategies involving cost efficiency and differentiation. Profiles are developed for four primary types of production systems and it is proposed that businesses that have a fit between manufacturing strategies and production systems perform better than competitors without such a fit.
Publication Name: Journal of Operations Management
Subject: Business, general
ISSN: 0272-6963
Year: 1993
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An effective mixed-model system assembly line sequencing heuristic for just-in-time productions systems
Article Abstract:
A new, simpler heuristic model is presented for the problem of sequencing products in a mixed-model assembly line of a Just-In-Time production system. The model is said to yield results as good as Miltenburg's algorithm 3 using heuristic 2 (M-A3H2) in terms of mean squared and absolute deviations, and allows much more efficient use of computation time.
Publication Name: Journal of Operations Management
Subject: Business, general
ISSN: 0272-6963
Year: 1993
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