Two-way substitution effects on inventory in configure-to-order production systems | IEEE Conference Publication | IEEE Xplore

Two-way substitution effects on inventory in configure-to-order production systems


Abstract:

In designing configure-to-order production systems for a growing product variety, companies are challenged with an increased complexity for obtaining high productivity le...Show More
Notes: This article was mistakenly omitted from the original submission to IEEE Xplore. It is now included as part of the conference record.

Abstract:

In designing configure-to-order production systems for a growing product variety, companies are challenged with an increased complexity for obtaining high productivity levels and cost-effectiveness. In academia several optimization methods and conceptual frameworks for substituting components, or increasing storage capacity have been proposed. Our study presents a practical framework for quantifying the impact of a two-way substitution at different production stages and its impact on inventory utilization. In a case study we quantify the relation between component substitution, and inventory capacity utilization, while maintaining the production capacity as well as the external product variety.
Notes: This article was mistakenly omitted from the original submission to IEEE Xplore. It is now included as part of the conference record.
Date of Conference: 06-09 December 2015
Date Added to IEEE Xplore: 13 February 2017
ISBN Information:
Conference Location: Singapore