Optimization of a Product Batch Quantity

1981 Ogledov
2675 Prenosov
Izvoz citacije: ABNT
BERLEC, Tomaž ;KUŠAR, Janez ;ŽEROVNIK, Janez ;STARBEK, Marko .
Optimization of a Product Batch Quantity. 
Strojniški vestnik - Journal of Mechanical Engineering, [S.l.], v. 60, n.1, p. 35-42, june 2018. 
ISSN 0039-2480.
Available at: <https://www.sv-jme.eu/sl/article/optimization-of-a-product-batch-quantity/>. Date accessed: 28 mar. 2024. 
doi:http://dx.doi.org/10.5545/sv-jme.2013.1009.
Berlec, T., Kušar, J., Žerovnik, J., & Starbek, M.
(2014).
Optimization of a Product Batch Quantity.
Strojniški vestnik - Journal of Mechanical Engineering, 60(1), 35-42.
doi:http://dx.doi.org/10.5545/sv-jme.2013.1009
@article{sv-jmesv-jme.2013.1009,
	author = {Tomaž  Berlec and Janez  Kušar and Janez  Žerovnik and Marko  Starbek},
	title = {Optimization of a Product Batch Quantity},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {60},
	number = {1},
	year = {2014},
	keywords = {optimal batch; tied-up capital; storage costs; time per unit; setup time; lead time; turnaround time; interoperation time},
	abstract = {Companies encounter various challenges when entering the global market, one of the most significant being the calculation of the optimal batch quantity of a product. This paper explains how to calculate the optimal batch quantity using first the basic model, and then the extended model that takes into account the tied-up capital in a production, in addition to the costs of changing the batch and storage costs. There is a case study of calculating the optimal batch quantity using the basic and extended models, together with conclusions regarding when either of the two models should be used. For optimal batch quantities we also calculated lead times, corresponding costs of tied-up capital per piece, and the difference between costs per piece when using the basic and extended models.},
	issn = {0039-2480},	pages = {35-42},	doi = {10.5545/sv-jme.2013.1009},
	url = {https://www.sv-jme.eu/sl/article/optimization-of-a-product-batch-quantity/}
}
Berlec, T.,Kušar, J.,Žerovnik, J.,Starbek, M.
2014 June 60. Optimization of a Product Batch Quantity. Strojniški vestnik - Journal of Mechanical Engineering. [Online] 60:1
%A Berlec, Tomaž 
%A Kušar, Janez 
%A Žerovnik, Janez 
%A Starbek, Marko 
%D 2014
%T Optimization of a Product Batch Quantity
%B 2014
%9 optimal batch; tied-up capital; storage costs; time per unit; setup time; lead time; turnaround time; interoperation time
%! Optimization of a Product Batch Quantity
%K optimal batch; tied-up capital; storage costs; time per unit; setup time; lead time; turnaround time; interoperation time
%X Companies encounter various challenges when entering the global market, one of the most significant being the calculation of the optimal batch quantity of a product. This paper explains how to calculate the optimal batch quantity using first the basic model, and then the extended model that takes into account the tied-up capital in a production, in addition to the costs of changing the batch and storage costs. There is a case study of calculating the optimal batch quantity using the basic and extended models, together with conclusions regarding when either of the two models should be used. For optimal batch quantities we also calculated lead times, corresponding costs of tied-up capital per piece, and the difference between costs per piece when using the basic and extended models.
%U https://www.sv-jme.eu/sl/article/optimization-of-a-product-batch-quantity/
%0 Journal Article
%R 10.5545/sv-jme.2013.1009
%& 35
%P 8
%J Strojniški vestnik - Journal of Mechanical Engineering
%V 60
%N 1
%@ 0039-2480
%8 2018-06-28
%7 2018-06-28
Berlec, Tomaž, Janez  Kušar, Janez  Žerovnik, & Marko  Starbek.
"Optimization of a Product Batch Quantity." Strojniški vestnik - Journal of Mechanical Engineering [Online], 60.1 (2014): 35-42. Web.  28 Mar. 2024
TY  - JOUR
AU  - Berlec, Tomaž 
AU  - Kušar, Janez 
AU  - Žerovnik, Janez 
AU  - Starbek, Marko 
PY  - 2014
TI  - Optimization of a Product Batch Quantity
JF  - Strojniški vestnik - Journal of Mechanical Engineering
DO  - 10.5545/sv-jme.2013.1009
KW  - optimal batch; tied-up capital; storage costs; time per unit; setup time; lead time; turnaround time; interoperation time
N2  - Companies encounter various challenges when entering the global market, one of the most significant being the calculation of the optimal batch quantity of a product. This paper explains how to calculate the optimal batch quantity using first the basic model, and then the extended model that takes into account the tied-up capital in a production, in addition to the costs of changing the batch and storage costs. There is a case study of calculating the optimal batch quantity using the basic and extended models, together with conclusions regarding when either of the two models should be used. For optimal batch quantities we also calculated lead times, corresponding costs of tied-up capital per piece, and the difference between costs per piece when using the basic and extended models.
UR  - https://www.sv-jme.eu/sl/article/optimization-of-a-product-batch-quantity/
@article{{sv-jme}{sv-jme.2013.1009},
	author = {Berlec, T., Kušar, J., Žerovnik, J., Starbek, M.},
	title = {Optimization of a Product Batch Quantity},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {60},
	number = {1},
	year = {2014},
	doi = {10.5545/sv-jme.2013.1009},
	url = {https://www.sv-jme.eu/sl/article/optimization-of-a-product-batch-quantity/}
}
TY  - JOUR
AU  - Berlec, Tomaž 
AU  - Kušar, Janez 
AU  - Žerovnik, Janez 
AU  - Starbek, Marko 
PY  - 2018/06/28
TI  - Optimization of a Product Batch Quantity
JF  - Strojniški vestnik - Journal of Mechanical Engineering; Vol 60, No 1 (2014): Strojniški vestnik - Journal of Mechanical Engineering
DO  - 10.5545/sv-jme.2013.1009
KW  - optimal batch, tied-up capital, storage costs, time per unit, setup time, lead time, turnaround time, interoperation time
N2  - Companies encounter various challenges when entering the global market, one of the most significant being the calculation of the optimal batch quantity of a product. This paper explains how to calculate the optimal batch quantity using first the basic model, and then the extended model that takes into account the tied-up capital in a production, in addition to the costs of changing the batch and storage costs. There is a case study of calculating the optimal batch quantity using the basic and extended models, together with conclusions regarding when either of the two models should be used. For optimal batch quantities we also calculated lead times, corresponding costs of tied-up capital per piece, and the difference between costs per piece when using the basic and extended models.
UR  - https://www.sv-jme.eu/sl/article/optimization-of-a-product-batch-quantity/
Berlec, Tomaž, Kušar, Janez, Žerovnik, Janez, AND Starbek, Marko.
"Optimization of a Product Batch Quantity" Strojniški vestnik - Journal of Mechanical Engineering [Online], Volume 60 Number 1 (28 June 2018)

Avtorji

Inštitucije

  • University of Ljubljana Faculty of echanical Engineering Slovenia 1

Informacije o papirju

Strojniški vestnik - Journal of Mechanical Engineering 60(2014)1, 35-42
© The Authors, CC-BY 4.0 Int. Change in copyright policy from 2022, Jan 1st.

https://doi.org/10.5545/sv-jme.2013.1009

Companies encounter various challenges when entering the global market, one of the most significant being the calculation of the optimal batch quantity of a product. This paper explains how to calculate the optimal batch quantity using first the basic model, and then the extended model that takes into account the tied-up capital in a production, in addition to the costs of changing the batch and storage costs. There is a case study of calculating the optimal batch quantity using the basic and extended models, together with conclusions regarding when either of the two models should be used. For optimal batch quantities we also calculated lead times, corresponding costs of tied-up capital per piece, and the difference between costs per piece when using the basic and extended models.

optimal batch; tied-up capital; storage costs; time per unit; setup time; lead time; turnaround time; interoperation time