Article ID: | iaor200467 |
Country: | United States |
Volume: | 50 |
Issue: | 2 |
Start Page Number: | 184 |
End Page Number: | 194 |
Publication Date: | Mar 2003 |
Journal: | Naval Research Logistics |
Authors: | Seshadri Sridhar, Swaminathan Jayashankar M. |
Keywords: | measurement |
In this paper we present a componentwise delay measure for estimating and improving the expected delays experienced by customers in a multi-component inventory/assembly system. We show that this measure is easily computed. Further, in an environment where the performance of each of the item delays could be improved with investment, we present a solution that aims to minimize this measure and, in effect, minimized the average waiting time experienced by customers.