Abstract

This paper discusses how well recent production-inventory control systems such as Material Requirements Planning, Just-In-Time production and Optimized Production Technology, behave in environments where capacity constraints are prevalent. It is assumed that the reader is familiar with the mechanisms of production-inventory systems. Emphasis is on the potential of these systems to deal with capacity constraints (e.g. bottleneck facilities) and on their strengths and weaknesses. It is also shown what the main differences and similarities are and how these production-inventory control systems can complement each other in many situations rather than being mutually exclusive.

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 call

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.