Logistical Potentials of Load Balancing via the Build-up and Reduction of Stock

Research output: Contributions to collected editions/worksChapterpeer-review

Authors

Fluctuations in demand pose a significant challenge for manufacturing companies. As fluctuations increase, an imbalance between capacity availability and capacity requirements more likely occurs. This can lead to scattering load in production and consequently result in low logistical performance. Capacity synchronisation must be carried out to reconcile load and capacity. On the one hand, available capacity can be adjusted to fit the scattering load using capacity flexibility. However, capacity flexibility is limited. On the other hand, load balancing can be carried out to achieve a lower load variation. This can be done, for example, by building up and reducing stock. During periods of low load, stock orders are generated and higher stocks are built up to keep utilisation high. At times of high demand, stock is reduced by releasing fewer stock orders to ensure a stable operating state of the production system. This balances utilisation in the production system and keeps the work in process and throughput times at the planned level. Therefore, this paper examines the logistical potential that results from load flexibility through finished goods stock.
Original languageEnglish
Title of host publication2021 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2021 : 13 - 16 December 2021
Number of pages6
Place of PublicationPiscataway
PublisherIEEE - Institute of Electrical and Electronics Engineers Inc.
Publication date2021
Pages264-269
ISBN (print)978-1-6654-3771-4
ISBN (electronic)978-1-6654-3772-1
DOIs
Publication statusPublished - 2021
EventIEEE International Conference on Industrial Engineering and Engineering Management - online, Singapore, Singapore
Duration: 13.12.202116.12.2021
https://ieeexplore.ieee.org/xpl/conhome/9672597/proceeding

Bibliographical note

Publisher Copyright:
© 2021 IEEE.

    Research areas

  • Engineering - Production systems, Fluctuations, Engineering management, conferences, scattering, industrial engineering, load management

Recently viewed

Publications

  1. Active and semi-supervised data domain description
  2. Autonomy of Migration Despite Its Securitisation? Facing the Terms and Conditions of Biometric Rebordering
  3. Assessing Quality of Teaching from Different Perspectives
  4. Legitimizing Digital Transformation: From System Integration to Platformization
  5. A Multilevel Inverter Bridge Control Structure with Energy Storage Using Model Predictive Control for Flat Systems
  6. Trajectory tracking using MPC and a velocity observer for flat actuator systems in automotive applications
  7. Editorial: Machine Learning and Data Mining in Materials Science
  8. The Benefit of Web- and Computer-Based Interventions for Stress
  9. A Study on the Performance of Adaptive Neural Networks for Haze Reduction with a Focus on Precision
  10. How does telework modify informal workplace learning and how can supervisors provide support?
  11. Development of high performance single-phase solid solution magnesium alloy at low temperature
  12. Effect of thermo-mechanical conditions during constrained friction processing on the particle refinement of AM50 Mg-alloy phases
  13. Bridging the Gap: Generating a Comprehensive Biomedical Knowledge Graph Question Answering Dataset
  14. Assessing Effects Through Semi-Field and Field Toxicity Testing
  15. Green software engineering with agile methods
  16. Multiphase-field modeling of temperature-driven intermetallic compound evolution in an Al-Mg system for application to solid-state joining processes
  17. Controlling a Bank Model Economy by Using an Adaptive Model Predictive Control with Help of an Extended Kalman Filter
  18. Passive Rotation of Rotational Joints and Its Computation Method
  19. A Theoretical Dynamical Noninteracting Model for General Manipulation Systems Using Axiomatic Geometric Structures
  20. Dynamic priority based dispatching of AGVs in flexible job shops
  21. Modelling biodegradability based on OECD 301D data for the design of mineralising ionic liquids
  22. Multi-view discriminative sequential learning
  23. Bifactor Models for Predicting Criteria by General and Specific Factors
  24. Individual Scans Fusion in Virtual Knowledge Base for Navigation of Mobile Robotic Group with 3D TVS
  25. IWRM through WFD implementation? Drivers for integration in polycentric water governance systems
  26. Using data mining techniques to investigate the correlation between surface cracks and flange lengths in deep drawn sheet metals
  27. DISKNET – A Platform for the Systematic Accumulation of Knowledge in IS Research
  28. Methods in Writing Process Research
  29. Experimental investigation of the fluid-structure interaction during deep drawing of fiber metal laminates in the in-situ hybridization process
  30. "Die Arbeit funktioniert"
  31. Homogenization methods for multi-phase elastic composites
  32. Gain Adaptation in Sliding Mode Control Using Model Predictive Control and Disturbance Compensation with Application to Actuators
  33. The Role of Output Vocabulary in T2T LMs for SPARQL Semantic Parsing