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Criteria for selecting a production control philosophy
Authors:N E LARSEN  L ALTING
Institution:1. SIMOS A&2. amp;3. sol;4. S , Rungstedvej 4, Horsholm , 2970 , Denmark
Abstract:Logistic objectives constitute a compromise between having short leadtimes and a low volume of work in progress on the one hand and a high resource loading and due date obligation on the other. Miscellaneous production planning approaches offered today provide different combinations of logistic objectives for satisfying a manufacturing strategy. To combine the strength of the various approaches into a unified system, a new approach based on a dynamic and distributed production planning methodology is proposed. To customize the approach, various analyses and specifications have to be made and for that reason some important characteristics and criteria for analysing production control philosophies will be given.
Keywords:Total  Ordering  Cost  Total  Holding  Cost  Total  Buying  Cost  Decrease  Of  Ordering  Cost
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