Effects of Product Structure Complexity on Multi-Level Lot Sizing

As an input to the material requirement planning (MRP) process, the product structure interacts with the lot-sizing rules to affect inventories, materials flow, and production costs. Despite engineering constraints, considerable latitude is still available to construct alternate product structures f...

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Main Authors: Sum, C. C., Png, D, Yang, Kum Khiong
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Language:English
Published: Institutional Knowledge at Singapore Management University 1993
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/2228
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spelling sg-smu-ink.lkcsb_research-32272010-09-23T12:30:04Z Effects of Product Structure Complexity on Multi-Level Lot Sizing Sum, C. C. Png, D Yang, Kum Khiong As an input to the material requirement planning (MRP) process, the product structure interacts with the lot-sizing rules to affect inventories, materials flow, and production costs. Despite engineering constraints, considerable latitude is still available to construct alternate product structures for the same product. An important concern of MRP managers and designers is the impact of product structure complexity on the cost performance of the lot-sizing rules. An extensive experiment tests the effects of individual product structure parameters on the relative cost performance of 11 lot-sizing rules. Three parameters (the number of items, number of levels, and commonality index) are proposed to characterize product structure complexity and are used as factors in an experiment involving a large variety of product structures. The results indicate that all 3 parameters affect the relative cost differences but not the ranking of the rules. The overall best lot-sizing rule is Bookbinder and Koch's (1990) rule. 1993-01-01T08:00:00Z text https://ink.library.smu.edu.sg/lkcsb_research/2228 info:doi/10.1111/j.1540-5915.1993.tb00507.x https://proquest.umi.com/pqdlink?did=346309&sid=5&Fmt=2&clientId=44274&RQT=309&VName=PQD Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Production/Operations Management and Simulation Business
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Production/Operations Management and Simulation
Business
spellingShingle Production/Operations Management and Simulation
Business
Sum, C. C.
Png, D
Yang, Kum Khiong
Effects of Product Structure Complexity on Multi-Level Lot Sizing
description As an input to the material requirement planning (MRP) process, the product structure interacts with the lot-sizing rules to affect inventories, materials flow, and production costs. Despite engineering constraints, considerable latitude is still available to construct alternate product structures for the same product. An important concern of MRP managers and designers is the impact of product structure complexity on the cost performance of the lot-sizing rules. An extensive experiment tests the effects of individual product structure parameters on the relative cost performance of 11 lot-sizing rules. Three parameters (the number of items, number of levels, and commonality index) are proposed to characterize product structure complexity and are used as factors in an experiment involving a large variety of product structures. The results indicate that all 3 parameters affect the relative cost differences but not the ranking of the rules. The overall best lot-sizing rule is Bookbinder and Koch's (1990) rule.
format text
author Sum, C. C.
Png, D
Yang, Kum Khiong
author_facet Sum, C. C.
Png, D
Yang, Kum Khiong
author_sort Sum, C. C.
title Effects of Product Structure Complexity on Multi-Level Lot Sizing
title_short Effects of Product Structure Complexity on Multi-Level Lot Sizing
title_full Effects of Product Structure Complexity on Multi-Level Lot Sizing
title_fullStr Effects of Product Structure Complexity on Multi-Level Lot Sizing
title_full_unstemmed Effects of Product Structure Complexity on Multi-Level Lot Sizing
title_sort effects of product structure complexity on multi-level lot sizing
publisher Institutional Knowledge at Singapore Management University
publishDate 1993
url https://ink.library.smu.edu.sg/lkcsb_research/2228
https://proquest.umi.com/pqdlink?did=346309&sid=5&Fmt=2&clientId=44274&RQT=309&VName=PQD
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