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Using a Simulation Model for Capacity Management - Manufacturing resource planning Article
The article entitled: "Using a Simulation Model for Capacity Management" is in the Manufacturing resource planning Articles section of Operations Management Papers area...
ARTICLE DESCRIPTION: A simulation model has been constructed of a valve manufacturing plant with the aim of assessing capacity requirements in response to a forecast increase in demand.
MORE INFO: Using a Simulation Model for Capacity Management A simulation model has been constructed of a valve manufacturing plant with the aim of assessing capacity requirements in response to a forecast increase in demand. The plant provides a weekly cycle of valves of varying types, based on a yearly production plan. Production control is provided by a just-in-time type system to minimise inventory. The simulation model investigates the effect on production lead time of a range of valve sequences into the plant. The study required the collection of information from a variety of sources, and a model that reflected the true capabilities of the production system. The simulation results convinced management that substantial changes were needed in order to meet demand. The case highlights the use of simulation in enabling a manager to quantify operational scenarios and thus provide a rational basis on which to take decisions on meeting performance criteria.
PUBLISHER: Institute of Operations Management
Page number: 16 Word count: 2000
Vol 30 - No 03 - May 2004
The article can be downloaded in full from the publisher's site i.e. the Institute of Operations Management.
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