IDEAS home Printed from https://ideas.repec.org/a/rss/jnljms/v3i12p1.html
   My bibliography  Save this article

Optimal Production Model for EVs Manufacturing Process in Turkey: A Comparable Case of EMQ/JIT Production Models for EVs’ Battery Production

Author

Listed:
  • BilgehanYıldız
  • Murat UstaoÄŸlu

Abstract

In order to keep pace with the ever-changing global community, numerous manufacturing companies have switched to the Just-In-Time (JIT) production model, and many others are considering this approach as well. The competition in global markets pressure domestic and MultiNational Corporations (MNCs) to meet ―global production‖ standards that enable simultaneous production, or concurrent engineering. Various benefits have been asserted for the companies that utilize the JIT production model for inventory management such as reduced process inventory costs and holding costs.JIT production strategy – also called ―Toyota Production System‖ – is implemented successfully by various automotive manufacturing firms. Turkey has been manufacturing the Electric Vehicles (EVs) for the domesticand global markets as well as establishing a production strategy for EVs. Considering that EVs will be penetrating the Turkish auto market for the first time after several unsuccessful attempts (by other countries) throughout the 20th century, it is left up to manufacturers to determine the production strategy due to inadequate supply-demand forecasts. Since the EV is still in its early stages in Turkey, the traditional economic production models(EPQ)might not be the best reference for manufacturers. This paper focuses its investigation on which optimal production model is suitable for a EVs‘ battery manufacturing process, and at what point should producers switch from JIT to EMQ in order to reduce costs.

Suggested Citation

  • BilgehanYıldız & Murat UstaoÄŸlu, 2014. "Optimal Production Model for EVs Manufacturing Process in Turkey: A Comparable Case of EMQ/JIT Production Models for EVs’ Battery Production," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 3(12), pages 856-863.
    • Handle: RePEc:rss:jnljms:v3i12p1
    as

    Download full text from publisher

    File URL: http://rassweb.org/admin/pages/ResearchPapers/Paper%201_1497345562.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Richard J. Schonberger & Marc J. Schniederjans, 1984. "Reinventing Inventory Control," Interfaces, INFORMS, vol. 14(3), pages 76-83, June.
    2. Cao, Qing & Schniederjans, Marc J., 2004. "A revised EMQ/JIT production-run model: An examination of inventory and production costs," International Journal of Production Economics, Elsevier, vol. 87(1), pages 83-95, January.
    3. Zomerdijk, Leonieke G. & de Vries, Jan, 2003. "An organizational perspective on inventory control: Theory and a case study," International Journal of Production Economics, Elsevier, vol. 81(1), pages 173-183, January.
    4. Corbey, Michael & Jansen, Rutger, 1993. "The economic lot size and relevant costs," International Journal of Production Economics, Elsevier, vol. 30(1), pages 519-530, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. de Vries, Jan, 2007. "Diagnosing inventory management systems: An empirical evaluation of a conceptual approach," International Journal of Production Economics, Elsevier, vol. 108(1-2), pages 63-73, July.
    2. Cao, Qing & Schniederjans, Marc J., 2004. "A revised EMQ/JIT production-run model: An examination of inventory and production costs," International Journal of Production Economics, Elsevier, vol. 87(1), pages 83-95, January.
    3. Varun Karamshetty & Harwin De Vries & Luk N. Van Wassenhove & Sarah Dewilde & Warnyta Minnaard & Dennis Ongarora & Kennedy Abuga & Prashant Yadav, 2022. "Inventory Management Practices in Private Healthcare Facilities in Nairobi County," Production and Operations Management, Production and Operations Management Society, vol. 31(2), pages 828-846, February.
    4. Mitali Sarkar & Sungjun Kim & Jihed Jemai & Baishakhi Ganguly & Biswajit Sarkar, 2019. "An Application of Time-Dependent Holding Costs and System Reliability in a Multi-Item Sustainable Economic Energy Efficient Reliable Manufacturing System," Energies, MDPI, vol. 12(15), pages 1-19, July.
    5. Kelle, Peter & Miller, Pamela A. & Akbulut, Asli Y., 2007. "Coordinating ordering/shipment policy for buyer and supplier: Numerical and empirical analysis of influencing factors," International Journal of Production Economics, Elsevier, vol. 108(1-2), pages 100-110, July.
    6. Wolfgang Seiringer & Balwin Bokor & Klaus Altendorfer, 2024. "Evaluating Production Planning and Control Systems in Different Environments: A Comparative Simulation Study," Papers 2405.02015, arXiv.org, revised Sep 2024.
    7. Ziyang Li & Qianwei Ying & Wu Yan & Chenjun Fan, 2022. "Does just‐in‐time adoption have an impact on corporate innovation: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(S1), pages 1599-1635, April.
    8. Min, Wu & Sui Pheng, Low, 2006. "EOQ, JIT and fixed costs in the ready-mixed concrete industry," International Journal of Production Economics, Elsevier, vol. 102(1), pages 167-180, July.
    9. Cannon, Alan R., 2008. "Inventory improvement and financial performance," International Journal of Production Economics, Elsevier, vol. 115(2), pages 581-593, October.
    10. Schniederjans, Marc J. & Cao, Qing, 2000. "A note on JIT purchasing vs. EOQ with a price discount: An expansion of inventory costs," International Journal of Production Economics, Elsevier, vol. 65(3), pages 289-294, May.
    11. de Vries, Jan, 2020. "Identifying inventory project management conflicts: Results of an empirical study," International Journal of Production Economics, Elsevier, vol. 226(C).
    12. de Vries, Jan, 2009. "Assessing inventory projects from a stakeholder perspective: Results of an empirical study," International Journal of Production Economics, Elsevier, vol. 118(1), pages 136-145, March.
    13. Askin, Ronald G. & Krishnan, Shravan, 2009. "Defining inventory control points in multiproduct stochastic pull systems," International Journal of Production Economics, Elsevier, vol. 120(2), pages 418-429, August.
    14. Klein Haneveld, Willem K. & Teunter, Ruud H., 1998. "Effects of discounting and demand rate variability on the EOQ," International Journal of Production Economics, Elsevier, vol. 54(2), pages 173-192, January.
    15. Bacchetti, Andrea & Saccani, Nicola, 2012. "Spare parts classification and demand forecasting for stock control: Investigating the gap between research and practice," Omega, Elsevier, vol. 40(6), pages 722-737.
    16. de Vries, Jan, 2005. "The complex relationship between inventory control and organisational setting: Theory and practice," International Journal of Production Economics, Elsevier, vol. 93(1), pages 273-284, January.
    17. Betts, John M. & Johnston, Robert B., 2005. "Just-in-time component replenishment decisions for assemble-to-order manufacturing under capital constraint and stochastic demand," International Journal of Production Economics, Elsevier, vol. 95(1), pages 51-70, January.
    18. Min, Wu & Sui Pheng, Low, 2007. "Modeling just-in-time purchasing in the ready mixed concrete industry," International Journal of Production Economics, Elsevier, vol. 107(1), pages 190-201, May.
    19. Zhang, Nan & Cai, Kaiquan & Deng, Yingjun & Zhang, Jun, 2023. "Determining the optimal production–maintenance policy of a parallel production system with stochastically interacted yield and deterioration," Reliability Engineering and System Safety, Elsevier, vol. 237(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rss:jnljms:v3i12p1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Danish Khalil (email available below). General contact details of provider: http://www.rassweb.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.