Overplanning Factor in Toyota's Formula for Computing the Number of Kanban

To determine the number of required kanban, Toyota uses a formula based on the average demand during an order picking cycle, inflated by a constant overplanning factor β. This technical note attempts to characterize the situations where the simplicity of Toyota's formula reconciles with the est...

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Main Authors:	CO, Henry C., MOOSA, Sharafali
Format:	text
Language:	English
Published:	Institutional Knowledge at Singapore Management University 1997
Subjects:	Operations and Supply Chain Management Operations Research, Systems Engineering and Industrial Engineering
Online Access:	https://ink.library.smu.edu.sg/lkcsb_research/892 https://doi.org/10.1080/07408179708966346
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Institution:	Singapore Management University
Language:	English

id	sg-smu-ink.lkcsb_research-1891
record_format	dspace
spelling	sg-smu-ink.lkcsb_research-18912016-01-06T14:58:58Z Overplanning Factor in Toyota's Formula for Computing the Number of Kanban CO, Henry C. MOOSA, Sharafali To determine the number of required kanban, Toyota uses a formula based on the average demand during an order picking cycle, inflated by a constant overplanning factor β. This technical note attempts to characterize the situations where the simplicity of Toyota's formula reconciles with the established operations research paradigm of optimality. The overplanning policy examined in this paper could also be applied to other production inventory control models under uncertainty. 1997-05-01T07:00:00Z text https://ink.library.smu.edu.sg/lkcsb_research/892 info:doi/10.1080/07408179708966346 https://doi.org/10.1080/07408179708966346 Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Operations and Supply Chain Management Operations Research, Systems Engineering and Industrial Engineering
institution	Singapore Management University
building	SMU Libraries
continent	Asia
country	Singapore Singapore
content_provider	SMU Libraries
collection	InK@SMU
language	English
topic	Operations and Supply Chain Management Operations Research, Systems Engineering and Industrial Engineering
spellingShingle	Operations and Supply Chain Management Operations Research, Systems Engineering and Industrial Engineering CO, Henry C. MOOSA, Sharafali Overplanning Factor in Toyota's Formula for Computing the Number of Kanban
description	To determine the number of required kanban, Toyota uses a formula based on the average demand during an order picking cycle, inflated by a constant overplanning factor β. This technical note attempts to characterize the situations where the simplicity of Toyota's formula reconciles with the established operations research paradigm of optimality. The overplanning policy examined in this paper could also be applied to other production inventory control models under uncertainty.
format	text
author	CO, Henry C. MOOSA, Sharafali
author_facet	CO, Henry C. MOOSA, Sharafali
author_sort	CO, Henry C.
title	Overplanning Factor in Toyota's Formula for Computing the Number of Kanban
title_short	Overplanning Factor in Toyota's Formula for Computing the Number of Kanban
title_full	Overplanning Factor in Toyota's Formula for Computing the Number of Kanban
title_fullStr	Overplanning Factor in Toyota's Formula for Computing the Number of Kanban
title_full_unstemmed	Overplanning Factor in Toyota's Formula for Computing the Number of Kanban
title_sort	overplanning factor in toyota's formula for computing the number of kanban
publisher	Institutional Knowledge at Singapore Management University
publishDate	1997
url	https://ink.library.smu.edu.sg/lkcsb_research/892 https://doi.org/10.1080/07408179708966346
_version_	1770569726093688832

Overplanning Factor in Toyota's Formula for Computing the Number of Kanban

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