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Journal of Engineering, Project, and Production Management, 2012, 2(2), 101-111
Evaluating Production Time Buffer for Precast Fabrication Chien-Ho Ko1 and Yu-Chun Chen2 1Associate Professor, Department of Civil Engineering, National Pingtung University of Science and Technology, 1, Shuefu Rd., Neipu, Pingtung 912, Taiwan. E-mail: ko@mail.npust.edu.tw (corresponding author). 2MS, Department of Industrial Engineering and Technology Management, Da-Yeh University, Taiwan.
Project and Production Management
Received November 23, 2011; received revision December 28, 2011; accepted January 6, 2012
Available online April 5, 2012
Abstract: Precast fabricators strive for business success in delivering products on time. To achieve this goal, fabricators start manufacturing once they receive specific design information. However, this strategy induces wasteful inventory. The objective of this study is to develop a Time Buffer Evaluation Model (TBEM) to promptly deliver products and maintain a smaller inventory. This model consists of two stages. The first, by using fuzzy logic, considers factors that influence construction duration. The second stage evaluates a time buffer by considering the tardiness penalty and crashing costs. In this study, one real case is tested to demonstrate the applicability of the proposed method. The application results show that the developed TBEM can reduce the level of finished goods inventory without changing production resources. Keywords: Fuzzy logic, precast, finished goods inventory, time buffer. Copyright © Journal of Engineering, Project, and Production Management (EPPM-Journal). This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 Unported License. Requests for reprints and permissions at eppm.journal@gmail.com.
Citation:
Ko, C. H. and
Chen,
Y. C. (2012).
Evaluating Production Time Buffer for Precast Fabrication. Journal of Engineering,
Project, and Production Management, 2(2), 101-111.
DOI:
10.32738/JEPPM.201207.0006
DOI:
10.32738/JEPPM.201207.0006
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