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Capacity and Inventory Planning for Make-to-Order Production Systems by Klaus Altendorfer
Capacity and Inventory Planning for Make-to-Order Production Systems by Klaus Altendorfer
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Capacity and Inventory Planning for Make-to-Order Production Systems

The Impact of a Customer Required Lead Time Distribution
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Description

​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.

Author Biography:

Klaus Altendorfer is Professor for Production and Operations Management at the University of Applied Sciences Upper Austria. He received a PhD in Logistics and Operations Management from the University of Vienna, Austria. Stochastic modelling of production systems, production economics and simulation for production planning improvement are his research topics.
Release date NZ
August 16th, 2013
Audience
  • Professional & Vocational
Illustrations
30 Illustrations, black and white; XV, 138 p. 30 illus.
Pages
138
Dimensions
156x234x8
ISBN-13
9783319008424
Product ID
21396560

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