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On the flexibility of demand and production rate

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  • Sharma, Sanjay

Abstract

In the manufacturing practice, cycle time is usually optimized in order to plan the batch size, and production time among other parameters. In certain situations, the production rate is decreased in order to have lower inventory levels or to deal with a shelf life constraint. This technical note examines the increase/decrease in the demand level along with a discussion concerning flexibility of the production rate. A generalized problem is also formulated in the context of the costs that are incurred in order to maintain certain demand level.

Suggested Citation

  • Sharma, Sanjay, 2008. "On the flexibility of demand and production rate," European Journal of Operational Research, Elsevier, vol. 190(2), pages 557-561, October.
    • Handle: RePEc:eee:ejores:v:190:y:2008:i:2:p:557-561
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    References listed on IDEAS

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    1. S Sharma, 2004. "Optimal production policy with shelf life including shortages," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(8), pages 902-909, August.
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    Cited by:

    1. Kim, Taebok & Glock, Christoph H., 2018. "Production planning for a two-stage production system with multiple parallel machines and variable production rates," International Journal of Production Economics, Elsevier, vol. 196(C), pages 284-292.
    2. Mohd Kamarul Irwan Abdul Rahim & El-Houssaine Aghezzaf & Veronique Limère & Birger Raa, 2016. "Analysing the effectiveness of vendor-managed inventory in a single-warehouse, multiple-retailer system," International Journal of Systems Science, Taylor & Francis Journals, vol. 47(8), pages 1953-1965, June.
    3. Chou, Mabel & Sim, Chee-Khian & Yuan, Xue-Ming, 2013. "Optimal policies for inventory systems with two types of product sharing common hardware platforms: Single period and finite horizon," European Journal of Operational Research, Elsevier, vol. 224(2), pages 283-292.
    4. Mitali Sarkar & Li Pan & Bikash Koli Dey & Biswajit Sarkar, 2020. "Does the Autonomation Policy Really Help in a Smart Production System for Controlling Defective Production?," Mathematics, MDPI, vol. 8(7), pages 1-21, July.
    5. Jareño, Francisco & Navarro, Eliseo, 2010. "Stock interest rate risk and inflation shocks," European Journal of Operational Research, Elsevier, vol. 201(2), pages 337-348, March.
    6. Pentico, David W. & Drake, Matthew J., 2011. "A survey of deterministic models for the EOQ and EPQ with partial backordering," European Journal of Operational Research, Elsevier, vol. 214(2), pages 179-198, October.
    7. Amirteimoori, Alireza & Kordrostami, Sohrab, 2012. "Production planning in data envelopment analysis," International Journal of Production Economics, Elsevier, vol. 140(1), pages 212-218.

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