Article ID: | iaor1991473 |
Country: | United States |
Volume: | 30 |
Start Page Number: | 58 |
End Page Number: | 62 |
Publication Date: | Mar 1989 |
Journal: | Production and Inventory Management Journal |
Authors: | Galvin Thomas M. |
Implementation of the method described increased production efficiency by 14% and reduced total manufacturing and distribution costs by $500000 per year. A linear programming transportation model, an economic-lot-scheduling model for sequence-dependent setup costs, and a safety-stock simulation model were applied jointly to restrict the number of different manufacturing facilities used to produce standard make-to-stock items.