A Simulation Study Of Economic Production Quantity Lot Size To Kanban For A Single Line Production System Under Various Setup Times With Completion Time As Performance Metric

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Terrence J. Moran
Marvin Troutt

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 total completion time. EPQ outperforms Kanban on total completion time. The research helped clarify for practitioners whether EPQ might be more suitable than Kanban for their given situations.

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