A Dynamic Switching Policy with Combined Make-to-Stock/Make-to-Order Thresholds for Hybrid Production Systems

• Published in: GSTF Journal of Mathematics, Statistics and Operations Research (JMSOR) Vol. 3; no. 2; p. 47
• Main Authors: Kanda, Shohei, Takahashi, Katsuhiko, Morikawa, Katsumi, Nagasawa, Keisuke
• Format: Journal Article
• Language: English
• Published: Singapore Global Science and Technology Forum 01.01.2016
• Subjects: Customers; Dynamical systems; Dynamics; Hybrid systems; Inventories; Policies; Stockpiling; Switching

Dynamic 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 thi...