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Monitoring processes through inventory and manufacturing lead time

Author
Cuatrecasas, L.; Fortuny-Santos, J.; Ruiz de Arbulo, P.; Vintro, C.
Type of activity
Journal article
Journal
Industrial management and data systems
Date of publication
2015-05
Volume
115
Number
5
First page
951
Last page
970
DOI
https://doi.org/10.1108/IMDS-12-2014-0375 Open in new window
Repository
http://hdl.handle.net/2117/28296 Open in new window
Abstract
Purpose – Since lean manufacturing considers that “Inventory is evil”, the purpose of this paper is to find and quantify the relations between work-in-process inventory (WIP), manufacturing lead time (LT) and the operational variables they depend upon. Such relations provide guidelines and performance indicators in process management. Design/methodology/approach – The authors develop equations to analyse how, in discrete deterministic serial batch processes, WIP and LT depend on paramet...
Citation
Cuatrecasas, L. [et al.]. Monitoring processes through inventory and manufacturing lead time. "Industrial management and data systems", Maig 2015, vol. 115, núm. 5, p. 951-970.
Keywords
Inventory, Lean manufacturing, OT-chart, Operational performance
Group of research
LEAN MRG - Lean Management Research Group
OPE-PROTHIUS -

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