1. SOLVING PRODUCTION SMOOTHING PROBLEMS.
- Author
-
Galbraith, Jay R.
- Subjects
INVENTORY control ,MATHEMATICAL optimization ,ALGORITHMS ,RESOURCE management ,FOUNDATIONS of arithmetic ,COST analysis ,PRODUCT management ,COST accounting ,ORGANIZATIONAL research ,RESOURCE allocation ,INDUSTRIAL costs ,ORGANIZATIONAL behavior - Abstract
This paper analyzes the problem of balancing resource capacity utilization against the costs of user delay or inventory investment. Instead of formulating algorithms to solve more classical versions of the problem, this paper describes ways that organizations can drop the cost curve prior to applying an optimizing algorithm. This is done by classifying the techniques and giving examples from organizations which have faced serious smoothing problems. Other organizations can improve their coat performance by adopting some of these techniques. [ABSTRACT FROM AUTHOR]
- Published
- 1969
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