Title :
Sensitivity Analysis of Lead Time in MRP System: A Case Study
Author :
Wang, Xiaoyan ; Wang, Kangzhou ; Qi, Zhongbin
Author_Institution :
Dept. of Basic Sci., Lanzhou Polytech. Coll., Lanzhou, China
Abstract :
In this paper we first present an analytical example of MRP system when lead time is given full consideration principally, and consider the importance measures of lead times in system employing one fact at a time (OAT) approach subsequently. As the main result we obtain the expressions of importance indices of lead times. The result implies that decision makers or manufacturers should pay more attention to reducing the lead times of higher level items to reduce risk and cost in production inventory process.
Keywords :
lead time reduction; materials requirements planning; sensitivity analysis; MRP system; lead time; one-fact-at-a-time approach; production inventory process; sensitivity analysis; Control systems; Costs; Educational institutions; Lead time reduction; Materials requirements planning; Production systems; Sensitivity analysis; Supply chain management; Time measurement; Uncertainty;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5301796
