Optimal work-in-process inventory levels for high-variety, low-volume manufacturing systems

This article considers a manufacturing system that operates in a high-variety, low-volume environment, with significant setup times. The goal is to determine the optimal Work-In-Process (WIP) inventory levels for operating the system to meet the required demand for each product. The decision variabl...

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Bibliographic Details
Main Authors: Srinivasan, Mandyam M., Viswanathan, S.
Other Authors: Nanyang Business School
Format: Journal Article
Language:English
Published: 2013
Subjects:
Online Access:https://hdl.handle.net/10356/100803
http://hdl.handle.net/10220/18202