A COMPARISON OF PRODUCTION SCHEDULING POLICIES ON COSTS,SERVICE LEVEL,AND SCHEDULE CHANGES |
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Authors: | Richard Metters Vicente Vargas |
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Abstract: | ![]() We consider a single product, single level, stochastic master production scheduling (Mps ) model where decisions are made under rolling planning horizons. Outcomes of interest are cost, service level, and schedule stability. The subject of this research is the Mps control system: the method used in determining the amount of stock planned for production in each time period. Typically, Mps control systems utilize a single buffer stock. Here, two Mps dual-buffer stock systems are developed and tested by simulation. We extend the data envelopment analysis (dea ) methodology to aid in the evaluation of the simulation results, where Dea serves to increase the scope of the experimental design. Results indicate that the dual-buffer control systems outperform existing policies. |
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Keywords: | MASTER PRODUCTION SCHEDULING DATA ENVELOPMENT ANALYSIS PERIODIC REVIEW INVENTORY THEORY SIMULATION) |
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