Analysis of the Variability of the Output from Production Systems
AbstractWe consider production systems that can be modeled as Markov chains. A methodology to determine the exact distribution of the number of parts produced by a production system during a fixed time interval and also the exact distribution of the time to produce a given number of parts is presented. These distributions can beused to set due-dates according to the desired service level, to evaluate the due-time performance of production systems, and to derive other performance measures related to the variability of the output.
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Bibliographic InfoPaper provided by Koc University in its series Papers with number 1998/01.
Length: 27 pages
Date of creation: 1998
Date of revision:
Contact details of provider:
Postal: Koc University. Intinye 80860. Istanbul Turkey
Web page: http://case.ku.edu.tr/tr/econ/home
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PRODUCTION ; MANUFACTURES;
Find related papers by JEL classification:
- L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
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