Abstract
AbstractDynamic MTS/MTO hybrid production systems [1]; in which some of machines, called hybrid machines which can be switched between make-to-stock (MTS) and make-to-order (MTO) production, are superior for enhancing utilization of machines, but they increase MTS inventory and MTO waiting customers. In this paper, in order to improve productivity, we propose a switching policy with combined thresholds in which both of MTS inventory level and MTO waiting customer level are utilized for switching decision. This performance is analyzed based on Markov analysis with the state transition diagram. The results of numerical experiments under several scenarios show the effectiveness of the proposed policy.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: GSTF Journal of Mathematics, Statistics and Operations Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
