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Erschienen in:
The Language of Systems Thinking for Control Systems Kapitel lesen Erstes Kapitel lesen

2021 | OriginalPaper | Buchkapitel

11. The Magic Ring in Action: Control of Production and Stocks

verfasst von : Piero Mella

Erschienen in: The Magic Ring

Verlag: Springer International Publishing

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Abstract

The control of the warehouse and production processes, typical forms of management control aimed at the processes of production and economic transformation (TR1-P and TR2–3) described in Sect. 9.​3, is also indispensable for the formation of the production and purchasing budget since the quantities to be produced and purchased in a given period depend on the planned stock of materials and products at the end of the budget period. A number of calculation models have been developed for warehouse and production control. Some simple models assume knowledge of the amount of demand for stocked goods; others, more sophisticated, assume that demand is known only in terms of the distribution of probabilities. The logic of warehouse control will be presented, including the calculation of the optimal purchasing and production batches even under the assumption of production constraints. An examination of the logic of the “global” control methods will follow: MRP, JIT, OPT, concluding with FMS and HMS. The final part of the chapter addresses the problem of project control by examining PERT/CPM and ALTAI not only as network programming techniques but also as optimization and control tools.

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Vorheriges Kapitel The Magic Ring in Action Explores Quality and Productivity
Nächstes Kapitel The Magic Ring Explores Cognition and Learning
Fußnoten
1
We know nothing at all. All our knowledge is but the knowledge of schoolchildren. The real nature of things we shall never know (Albert Einstein).
As this book deals with Control Systems considered from various points of view, a complete bibliography may appear to be boundless. Here I have only listed the works cited in the book. All the sites mentioned have been visited in April 2014. In order to make it easier for the reader to directly examine
 
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Metadaten
Titel
The Magic Ring in Action: Control of Production and Stocks
verfasst von
Piero Mella
Copyright-Jahr
2021
Buch
The Magic Ring

Print ISBN: 978-3-030-64193-1

Electronic ISBN: 978-3-030-64194-8

Copyright-Jahr: 2021

DOI
https://doi.org/10.1007/978-3-030-64194-8_11

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