COMPONENTS OF MANUFACTURING INVENTORIES- A STRUCTURAL MODEL OF THE PRODUCTION PROCESS PDF Download
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Author: Alan J. AUERBACH
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Alan J. AUERBACH
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Alan J. Auerbach
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 98
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Book Description
This paper presents a structural model of production and inventory accumulation based on the hypothesis of cost minimization. It differs from previous attempts in several respects. First, it integrates the analysis of input inventories with output inventories, treating the two stocks separately. Second, it distinguishes between temporary and permanent fluctuations in sales as they are anticipated by the industry. Third, it allows for a more general structure of adjustment costs, and in particular for a cost changing the production level rather than only for deviations of the production level from a fixed target. Empirically, there are three principal conclusions. This model performs much better than those with no cost of production adjustment allowed. Disaggregation of inventories provides significant insights into the dynamics of the adjustment process. However, the restrictions on our model implied by the continuous-time stochastic control theory that we utilize are rejected by the data. We believe that a more disaggregated specification or a more detailed econometric treatment of the discrete-time nature of the observations would avoid this difficulty
Author: M.A. Rahim
Publisher: Springer Science & Business Media
ISBN: 9780792373476
Category : Business & Economics
Languages : en
Pages : 484
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Book Description
Discusses developments in the integration of production, quality, and maintenance models, critical components of the manufacturing system. The effective integration of these four components gives a manufacturing operation the competitive edge in today's global market place.
Author: Sanjay Sharma
Publisher: CRC Press
ISBN: 1000457753
Category : Technology & Engineering
Languages : en
Pages : 241
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Book Description
This reference text discusses models and analyzes cases that are useful for material requirements planning (MRP), just-in-time (JIT) environments and supply chain environments, as well as traditional production-inventory systems. It covers important concepts, including production-inventory systems, optimal purchase quantity, optimal production quantity, instantaneous procurement, multiple input items, sensitivity analysis, multiproduct manufacturing, determination of optimum cycle time, fractional backlogging, and incorporating input item procurement and flexibility in the production rate. Aimed at senior undergraduate and graduate students, and professionals in the field of industrial engineering, production engineering and manufacturing science, this text: Provides detailed models/analysis pertaining to various cases which are useful for material requirements planning and supply chain environments Elaborates manufacturing rate flexibility, demand variation and production rate variation Discusses the multi-item manufacturing environment and presents models with backorders, as well as fractional backlogging Analyzes flexible production rates, along with upward and downward variations
Author: J. W. M. Bertrand
Publisher: North-Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 344
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Book Description
Over the past 15 years the authors have been engaged in projects with many firms to analyse and redesign production and inventory control systems. The main purpose of this analysis and redesign was the reduction of inventory and costs, improvement of delivery performance, and simplification of the organization involved in production and inventory control. During these studies the authors became convinced that the knowledge available on the design of control systems places too much emphasis on techniques and methods, whereas the main concern should be to establish a proper control structure. This control structure should identify the main decision functions, their goals, their relationships, and the organizational position to which these decision functions should be assigned. For each decision function in the control structure, a global planning and decision procedure should be established. This book gives a comprehensive overview on the elements of a good production control structure. It examines approaches for possible structures, and how to select an adequate structure for a particular production situation. The book consists of two parts: The first part covers basic terms and ideas regarding the design of production and inventory control systems in general. The second part examines four case studies from essentially different production areas. The volume is intended for postgraduate students in such fields as production and inventory control, logistics, information systems and practitioners who are working in this field on a high organisation level.
Author: J. W. M. Bertrand
Publisher: Elsevier Science & Technology
ISBN:
Category : Business & Economics
Languages : en
Pages : 428
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Book Description
Good,No Highlights,No Markup,all pages are intact, Slight Shelfwear,may have the corners slightly dented, may have slight color changes/slightly damaged spine.
Author: M.A. Rahim
Publisher: Springer Science & Business Media
ISBN: 1461516358
Category : Business & Economics
Languages : en
Pages : 452
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Book Description
Production planning, inventory management, quality control, and maintenance policy are critical components of the manufacturing system. The effective integration of these four components gives a manufacturing operation the competitive edge in today's global market place. Integrated Models in Production Planning, Inventory, Quality, and Maintenance provides, in one volume, the latest developments in the integration of production, quality, and maintenance models. Prominent researchers, who are actively engaged in these areas, have contributed the topical chapters focused on the most recent issues in the area. In Part I, Ben-Daya and Rahim provide an overview of the literature dealing with integrated models for production, quality, and maintenance. Directions for future research are outlined. Part II contains six chapters (chapters 2 to 6) dealing with integrated models for production and maintenance. Part III deals with integrated production/inventory and quality models in chapters 7-11. Part IV focuses on quality and maintenance integrated models and contains two chapters. Part V deals with warranty, manufacturing, and quality and contains two chapters. Part VI addresses issues related to quality and contains three chapters (chapters 16-18).
Author:
Publisher:
ISBN:
Category : Electronic journals
Languages : en
Pages : 878
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Author: S.C. Graves
Publisher: Elsevier
ISBN: 9780444874726
Category : Business & Economics
Languages : en
Pages : 780
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Handbook
Author: National Bureau of Economic Research
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 328
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Book Description
