Bottleneck allocation methodology (BAM): an algorithm

Abstract

Takes the development of a new optimization process for production scheduling and develops it into a systematic‐mathematical algorithm. Tests this algorithm against a simulated production environment and compares the generated schedules against those generated by EOQ, MRP, JIT, and OPT. The result is that bottleneck allocation methodology (BAM), with its critical resource based capacity scheduling out‐performs these other models in an intermittent demand discrete manufacturing environment.