A Simulation Study Of Economic Production Quantity Lot Size To Kanban For A Single Line Production System Under Various Setup Times With Annual Setup Cost As Performance Metric
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Keywords
Production Systems, Kanban, Economic Production Quantity, Economic Order Quantity, EPQ, EOQ, Setup, Simulation
Abstract
The Setup time variable was evaluated for the two systems (Kanban and EPQ) against the performance measure of annual setup cost. EPQ outperforms Kanban onsetup cost. The research helped clarify for practitioners whether EPQ might be more suitable than Kanban for their given situations.
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