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Scientific Article details

Title A System to Determine the Optimal Work-in-Progress Inventory Stored in Interoperation Manufacturing Buffers
ID_Doc 77524
Authors Grznár, P; Gregor, M; Mozol, S; Krajcovic, M; Dulina, L; Gaso, M; Major, M
Title A System to Determine the Optimal Work-in-Progress Inventory Stored in Interoperation Manufacturing Buffers
Year 2019
Published Sustainability, 11, 14
DOI 10.3390/su11143949
Abstract Continuous cost reduction is a subject of interest for almost every production company. The cost reflects the competitiveness and sustainability of the business. Many company costs are linked to the effectiveness of production. One such cost is the work-in-progress (WIP) inventory cost. The present article deals with the design of a system for calculating the optimal WIP inventory stored in a manufacturing buffer, which, in the long term, provides the lowest costs. The main goal of the article is to design a new system that allows for the calculation of the optimal capacity of interoperation manufacturing buffers and thus the calculation of the optimal WIP inventory, which influences the lead time and cost. The newly designed system consists of algorithms that describe various steps, many of which use mathematical models. The individual blocks of algorithms are described, and the proposed system is verified and validated by simulation of the production line in the automotive production company.
Author Keywords advanced industrial engineering; sustainable manufacturing; manufacturing buffers; computer simulation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000482261800193
WoS Category Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF https://www.mdpi.com/2071-1050/11/14/3949/pdf?version=1563951111
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