Stochastic Modelling in Production Planning

Download or read book Stochastic Modelling in Production Planning written by Alexander Hübl and published by Springer. This book was released on 2017-07-26 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alexander Hübl develops models for production planning and analyzes performance indicators to investigate production system behaviour. He extends existing literature by considering the uncertainty of customer required lead time and processing times as well as by increasing the complexity of multi-machine multi-items production models. Results are on the one hand a decision support system for determining capacity and the further development of the production planning method Conwip. On the other hand, the author develops the JIT intensity and analytically proves the effects of dispatching rules on production lead time.