A 50% increase in lot size and planned manufacturing lead time with NO increase in WIP inventory

A 50% increase in lot size and planned manufacturing lead time with NO increase in WIP inventory

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Article ID: iaor199030
Country: United States
Volume: 27
Start Page Number: 19
End Page Number: 27
Publication Date: Mar 1986
Journal: Production and Inventory Management Journal
Authors: ,
Abstract:

The explanation for what happened in a real-world occurrence gives insight into queue behaviour in a random environment. When the effects of randomness are properly accounted for, the experience at Hix Corporation is consistent with generally accepted principles.

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