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Author:Beek, P. van
Putten, C. van
Title:OR contributions to flexibility improvement in production/inventory systems.
Journal:European Journal of Operational Research
1987 : JUL, VOL. 31:1, p. 52-60
Index terms:FLEXIBILITY
PRODUCTION
INVENTORIES
INVESTMENT
Language:eng
Abstract:It is illustrated how operational research /OR/ models can contribute to quantity effects of, for instance, investment in set-up time reduction or investment in supply lead time reduction on logistic performance of production systems. The approach offers the opportunity to quantify the integral effects of these improvements and shows the direction for logistic innovation. In this way both design of production systems and quality of related investment decisions can be improved significantly. Examples are presented to illustrate the ideas.
SCIMA record nr: 53877
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