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Author: | Jones, P. Inman, R. Zydiak, J. |
Title: | Integrated production scheduling, coordination, and capacity investment |
Journal: | Engineering Economist
1996 : WINTER, VOL. 41:2, p. 149-172 |
Index terms: | PRODUCTION SCHEDULING CAPACITY INVESTMENT |
Language: | eng |
Abstract: | When capacity is used to produce multiple products, the production scheduling , coordination, and capacity investment decisions are interrelated. For batch processes, the authors analyze capacity investment in light of the inventory holding costs based on rotation cycle scheduling and shared production among multiple facilities. The authors optimize the sum of these inventory and capacity investment costs to determine the bets type of capacity in which to invest. Finally, the authors show how to extend their model to incorporate process design issues. |
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