Trade-off between Production and Inventory Costs with Respect to a Given Demand Situation

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearch

Standard

Trade-off between Production and Inventory Costs with Respect to a Given Demand Situation. / Reese, Joachim.
Modern Production Concepts: Theory and Applications; Proceedings of an International Conference, Fernuniversität, Hagen, FRG, August 20-24, 1990. ed. / Günter Fandel; Günther Zäpfel. Berlin: Springer, 1991. p. 276-289.

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearch

Harvard

Reese, J 1991, Trade-off between Production and Inventory Costs with Respect to a Given Demand Situation. in G Fandel & G Zäpfel (eds), Modern Production Concepts: Theory and Applications; Proceedings of an International Conference, Fernuniversität, Hagen, FRG, August 20-24, 1990. Springer, Berlin, pp. 276-289. https://doi.org/10.1007/978-3-642-76401-1_17

APA

Reese, J. (1991). Trade-off between Production and Inventory Costs with Respect to a Given Demand Situation. In G. Fandel, & G. Zäpfel (Eds.), Modern Production Concepts: Theory and Applications; Proceedings of an International Conference, Fernuniversität, Hagen, FRG, August 20-24, 1990 (pp. 276-289). Springer. https://doi.org/10.1007/978-3-642-76401-1_17

Vancouver

Reese J. Trade-off between Production and Inventory Costs with Respect to a Given Demand Situation. In Fandel G, Zäpfel G, editors, Modern Production Concepts: Theory and Applications; Proceedings of an International Conference, Fernuniversität, Hagen, FRG, August 20-24, 1990. Berlin: Springer. 1991. p. 276-289 doi: 10.1007/978-3-642-76401-1_17

Bibtex

@inbook{da167bf2a5914cf5aba7399c32f41bfd,
title = "Trade-off between Production and Inventory Costs with Respect to a Given Demand Situation",
abstract = "Modern concepts in production management argue that it would be possibly preferable to instal a production rate which is fully synchronized with those rates of other production stages in the same firm or other firms. Thus, between the supplier and the customer of a finished or semi-finished product no inventory costs have to be taken into account, if the coordination will be perfect and JIT(Just-In-Time)-production takes place. Within a firm the synchronization may be a matter of planning and organization, and the kanban-principle is one possible result, though inventory is not really zero, but there exists always a buffer stock. As soon as two different firms are concerned, there are also different planning processes, and the advantage of the customer may become simultaneously the disadvantage of the supplier.",
keywords = "Management studies, Production Rate, Unit Cost, Optimum Rate, Setup Cost, Inventory Cost",
author = "Joachim Reese",
year = "1991",
month = jan,
day = "1",
doi = "10.1007/978-3-642-76401-1_17",
language = "English",
isbn = "3-642-76403-7",
pages = "276--289",
editor = "G{\"u}nter Fandel and G{\"u}nther Z{\"a}pfel",
booktitle = "Modern Production Concepts",
publisher = "Springer",
address = "Germany",

}

RIS

TY - CHAP

T1 - Trade-off between Production and Inventory Costs with Respect to a Given Demand Situation

AU - Reese, Joachim

PY - 1991/1/1

Y1 - 1991/1/1

N2 - Modern concepts in production management argue that it would be possibly preferable to instal a production rate which is fully synchronized with those rates of other production stages in the same firm or other firms. Thus, between the supplier and the customer of a finished or semi-finished product no inventory costs have to be taken into account, if the coordination will be perfect and JIT(Just-In-Time)-production takes place. Within a firm the synchronization may be a matter of planning and organization, and the kanban-principle is one possible result, though inventory is not really zero, but there exists always a buffer stock. As soon as two different firms are concerned, there are also different planning processes, and the advantage of the customer may become simultaneously the disadvantage of the supplier.

AB - Modern concepts in production management argue that it would be possibly preferable to instal a production rate which is fully synchronized with those rates of other production stages in the same firm or other firms. Thus, between the supplier and the customer of a finished or semi-finished product no inventory costs have to be taken into account, if the coordination will be perfect and JIT(Just-In-Time)-production takes place. Within a firm the synchronization may be a matter of planning and organization, and the kanban-principle is one possible result, though inventory is not really zero, but there exists always a buffer stock. As soon as two different firms are concerned, there are also different planning processes, and the advantage of the customer may become simultaneously the disadvantage of the supplier.

KW - Management studies

KW - Production Rate

KW - Unit Cost

KW - Optimum Rate

KW - Setup Cost

KW - Inventory Cost

UR - https://www.mendeley.com/catalogue/de97360a-767d-3b9e-b972-761926048575/

U2 - 10.1007/978-3-642-76401-1_17

DO - 10.1007/978-3-642-76401-1_17

M3 - Article in conference proceedings

SN - 3-642-76403-7

SN - 978-3-642-76403-5

SP - 276

EP - 289

BT - Modern Production Concepts

A2 - Fandel, Günter

A2 - Zäpfel, Günther

PB - Springer

CY - Berlin

ER -