Method of production smoothing for two-stage production and inventory system

Method of production smoothing for two-stage production and inventory system

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Article ID: iaor19941380
Country: Netherlands
Volume: 29
Issue: 2
Start Page Number: 139
End Page Number: 148
Publication Date: Mar 1993
Journal: International Journal of Production Economics
Authors: , ,
Abstract:

This paper deals with the problem of developing an effective production smoothing method which can reduce the fluctuations of production ordering and inventory levels. The method proposed in this paper can control the weight of feedback information. As a result, the smoothing method can prevent an increase of amplification in production and inventory levels occurring at every stage leading up to the final-product stage.

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