Article ID: | iaor1992200 |
Country: | Netherlands |
Volume: | 21 |
Issue: | 3 |
Start Page Number: | 243 |
End Page Number: | 258 |
Publication Date: | Jul 1991 |
Journal: | Engineering Costs and Production Economics |
Authors: | Gupta Yash P., Somers Toni M. |
Keywords: | time series & forecasting methods |
In recent years researchers have dealt with multiple time series problems in practically meaningful ways. In this paper, the assembly-line data of a major producer of automobile engines is analyzed and multivariate models are constructed and estimated to investigate the relationship among weekly engine production, downtime and the man-hours worked. The assembly line is operated on a Just-In-Time basis for normally two shifts per five day week. Such an analysis could help them in developing contingency plans consistent with their obligations to the automobile manufacturer they supplied.