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Minimising Moulding Production and Material Storage Costs

Minimising Moulding Production and Material Storage Costs An examination of changing an inventory policy of a majormanufacturing organisation and its impact on the cost structure of theorganisation is presented. A classic cost confrontation between setupcosts and inventory costs are examined in the study. The results revealthat the unique nature of the manufacturing organisation favoursshortrun production scheduling over a proposed longrun productionscheduling policy. This article also presents the application of adecision support system DSS to aid in production scheduling. Theapplications reveals that improved scheduling and a reduction inscheduling time and effort can be achieved by using the DSS over themanufacturing organisations manual systems. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Physical Distribution & Materials Management Emerald Publishing

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References (4)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0269-8218
DOI
10.1108/EUM0000000000336
Publisher site
See Article on Publisher Site

Abstract

An examination of changing an inventory policy of a majormanufacturing organisation and its impact on the cost structure of theorganisation is presented. A classic cost confrontation between setupcosts and inventory costs are examined in the study. The results revealthat the unique nature of the manufacturing organisation favoursshortrun production scheduling over a proposed longrun productionscheduling policy. This article also presents the application of adecision support system DSS to aid in production scheduling. Theapplications reveals that improved scheduling and a reduction inscheduling time and effort can be achieved by using the DSS over themanufacturing organisations manual systems.

Journal

International Journal of Physical Distribution & Materials ManagementEmerald Publishing

Published: Sep 1, 1989

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