A System Dynamics analysis of Hybrid Make-To-Stock/Make-To-Order Production Environments
Publish Year: 1398
نوع سند: مقاله کنفرانسی
زبان: English
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شناسه ملی سند علمی:
ICRSIE04_389
تاریخ نمایه سازی: 13 مهر 1398
Abstract:
Hybrid Make -To-Stock (MTS)/Make-To-Order (MTO) production system takes advantages of both pure MTS and MTO systems and therefore, is regarded as a valuable production system in order to respond today’s market conditions such as demand uncertainty, shortage of raw materials, and high inventory holding costs. The aim of this study is to investigate such systems through covering most of the influential factors that have not been taken into account so far. Hence, a system dynamics (SD) model is proposed in this study considering three different series of workstations (MTS, MTO, and MTS/MTO) in a manufacturing firm with a continuous production line. Moreover, this study considers the impacts of some significant, exogenous variables such as different outlays including operating expenses, holding costs, and the company’s net profit.
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Authors
Moeen Sammak Jalali
PhD Candidate, Department of Industrial Engineering & Management Systems, Amirkabir University of Technology- Tehran Polytechnic, Tehran, Iran
S. M. T. Fatemi Ghomi
Full Professor, Department of Industrial Engineering & Management Systems, Amirkabir University of Technology- Tehran Polytechnic, Tehran, Iran,
Masoud Rabbani
Full Professor, School of Industrial Engineering, College of Engineering, University of Tehran, Tehran, Iran,