TY - JOUR

T1 - Determining control points of a production system under a chance constraint

AU - Friedman, Lea

AU - Golenko-Ginzburg, Dimitri

AU - Sinuany-Stern, Zilla

PY - 1989/1/1

Y1 - 1989/1/1

N2 - A production system operates at a speed which is a random variable, with a known distribution function. Given the routine control point, the actual accumulated production observed at that point, and the rate of demand, the decisionmaker determines the next control point. Consequently the interval between two control points will be maximum or minimum under a probabilistic constraint that insures that at any point the actual production will not fall below the planned production at a given confidence level 1-α. The problem is applied to semiautomated production processes where the advancement of the process cannot be measured or viewed continuously, but the process has to be controlled in discrete points by the decision-maker. A formula for determining the next control point for a general case distribution function was developed. Furthermore, examples for the normal, uniform and beta distributions were examined. In general, the solution differs for shortage and surplus and whether the demand rate is smaller or greater than the α-th quantile of the distribution function of the speed.

AB - A production system operates at a speed which is a random variable, with a known distribution function. Given the routine control point, the actual accumulated production observed at that point, and the rate of demand, the decisionmaker determines the next control point. Consequently the interval between two control points will be maximum or minimum under a probabilistic constraint that insures that at any point the actual production will not fall below the planned production at a given confidence level 1-α. The problem is applied to semiautomated production processes where the advancement of the process cannot be measured or viewed continuously, but the process has to be controlled in discrete points by the decision-maker. A formula for determining the next control point for a general case distribution function was developed. Furthermore, examples for the normal, uniform and beta distributions were examined. In general, the solution differs for shortage and surplus and whether the demand rate is smaller or greater than the α-th quantile of the distribution function of the speed.

UR - http://www.scopus.com/inward/record.url?scp=0024905334&partnerID=8YFLogxK

U2 - 10.1016/0167-188X(89)90032-3

DO - 10.1016/0167-188X(89)90032-3

M3 - Article

AN - SCOPUS:0024905334

VL - 18

SP - 139

EP - 144

JO - International Journal of Production Economics

JF - International Journal of Production Economics

SN - 0925-5273

IS - 2

ER -