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Resource flexibility refers to the ability to dynamically reallocate units of resource from one stage of a production process to another in response to shifting bottlenecks. Recent research has demonstrated that substantial improvements in operational performance can be realized in both serial-...
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This paper investigates the improvements in manufacturing performance that can be realized by broadening the scope of the production scheduling function to include both job sequencing and processing-time control through the deployment of a flexible resource. We consider an environment in which a...
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This paper introduces a Bayesian decision theoretic model of optimal production in the presence of learning-curve uncertainty. The well-known learning-curve model is extended to allow for random variation in the learning process with uncertainty regarding some parameter of the variation. A...
Persistent link: https://www.econbiz.de/10009191248
Schedulers confronted with significant processing time uncertainty often discover that a schedule which is optimal with respect to a deterministic or stochastic scheduling model yields quite poor performance when evaluated relative to the actual processing times. In these environments, the...
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