Abstract
In designing configure-to-order productionsystems for a growing product variety, companies arechallenged with an increased complexity for obtaining highproductivity levels and cost-effectiveness. In academiaseveral optimization methods and conceptual frameworksfor substituting components, or increasing storage capacityhave been proposed. Our study presents a practicalframework for quantifying the impact of a two-waysubstitution at different production stages and its impact oninventory utilization. In a case study we quantify the relationbetween component substitution, and inventory capacityutilization, while maintaining the production capacity as wellas the external product variety.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 2015 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM) |
| Publisher | IEEE |
| Publication date | 2015 |
| Pages | 48-52 |
| Publication status | Published - 2015 |
| Event | 2015 IEEE International Conference on Industrial Engineering and Engineering Management - Singapore, Singapore Duration: 6 Dec 2015 → 9 Dec 2015 |
Conference
| Conference | 2015 IEEE International Conference on Industrial Engineering and Engineering Management |
|---|---|
| Country | Singapore |
| City | Singapore |
| Period | 06/12/2015 → 09/12/2015 |
Cite this
Myrodia, A., Bonev, M., & Hvam, L. (2015). Two-way substitution effects on inventory in configure-to-order production systems. In Proceedings of the 2015 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM) (pp. 48-52). IEEE.