Journal ArticleDOI
Use of the net present value criterion in a random job shop where early shipments are forbidden
Reads0
Chats0
TLDR
The use of an accepted measure of return on assets, net present value (NPV), in a simulated shop scheduling environment where early shipment of jobs before their due dates is forbidden is examined, finding that environmental factors resulted in greater variations in NPV performance than the institution of a JIT raw materials delivery policy.About:
This article is published in Journal of Operations Management.The article was published on 1990-01-01. It has received 19 citations till now. The article focuses on the topics: Flow shop scheduling & Job shop.read more
Citations
More filters
Journal ArticleDOI
A review of the order release policy research
TL;DR: A critical aspect of job shop scheduling research is reviewed, namely the decision regarding release timing of orders to the manufacturing shopfloor, and tables describing the release rules and summarizing the characteristics of the simulation research are reviewed.
Journal ArticleDOI
Evaluation and comparison of production schedules
TL;DR: In this article, the authors provide a definition of a schedule and discuss potential uses for a schedule within the organization, and describe a number of different considerations that must be taken into account when assessing the quality of a scheduling, and discuss their implications for the design and implementation of scheduling systems.
Journal ArticleDOI
Early-tardy cost trade-offs in resource constrained projects with cash flows: An optimization-guided heuristic approach
TL;DR: Eight greedy heuristics, embedded in a single-pass, forward algorithm that uses information from a relaxed optimization model to schedule activities, provide superior NPV results in many project environments.
Journal ArticleDOI
Manufacturing and services: From mass production to mass customization
TL;DR: In this paper, the authors regard mass customization as the simultaneous and real-time management of supply and demand chains, based on a taxonomy that can be defined in terms of its underpinning component and management foci.
Journal ArticleDOI
Towards real-time customized management of supply and demand chains
TL;DR: The taxonomy is developed in terms of its underpinning components and its research foci and highlights a very critical research area at which both supply and demand are flexible, thus manageable.
References
More filters
Journal ArticleDOI
Applied Linear Statistical Models
Journal ArticleDOI
Sequencing with Earliness and Tardiness Penalties: A Review
Kenneth R. Baker,Gary D. Scudder +1 more
TL;DR: A framework to show how results have been generalized starting with a basic model that contains symmetric penalties, one machine and a common due date is provided and such features as parallel machines, complex penalty functions and distinct due dates are added.
Journal ArticleDOI
Sequencing Rules and Due-Date Assignments in a Job Shop
TL;DR: This paper surveys the tactical aspects of this interaction between sequencing priorities and the method of assigning due-dates, focusing primarily on average tardiness as a measure of scheduling effectiveness.
Journal ArticleDOI
Order review/release: research issues and perspectives
Steven A. Melnyk,Gary L. Ragatz +1 more
TL;DR: In this article, the authors examined the ORR function and its impact on the operation of the shop floor and found that ORR does not always reduce the total time spent in the system.
Related Papers (5)
An evaluation of order release mechanisms in a job-shop environment
Gary L. Ragatz,Vincent A. Mabert +1 more