Economic order quantity for a jit production system with minimal downtime

Document Type

Conference Proceeding

Publication Date

12-1-2005

Abstract

This research considers that in a supply chain system, the production facility purchases the raw materials from outside suppliers and processes the raw materials to deliver a fixed quantity of finished products to retailers (or customers) at a fixed-interval of time. Also, the raw materials are replenished instantaneously to manufacturing system to meet the just-in-time (JIT) operation. This research also focuses on reducing the downtime or idle time of the production facilities. To reduce the idle time of production, it is assumed that the production of succeeding cycle starts just after the production of preceding cycle. A total system cost function model is developed considering that the production facility is idle only during the setup time of succeeding uptime or production time. Also, the production start time is evaluated to reduce initial inventory carrying cost. An integer approximation is adopted to improve the optimal solution and the solution is validated through a numerical simulation.

Publication Source (Journal or Book title)

IIE Annual Conference and Exposition 2005

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