Article ID: | iaor19911943 |
Country: | United States |
Volume: | 31 |
Start Page Number: | 24 |
End Page Number: | 29 |
Publication Date: | May 1990 |
Journal: | Production and Inventory Management Journal |
Authors: | Allen Stuart J. |
Management of the large firm which used the model described here was aware of cycle times that were too short and setup costs that were increasing rapidly. Use of the model provided extremely accurate predictions and revealed other potential long-term problems. It is currently being used for long-range planning as well as short-term scheduling.