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CHARACTERIZING PRODUCTION PROCESSES
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adjustment appears arises average consumption average stock level batch production batch quantity batch size stock batch-size behaviour calculation Camp's formula cent change-over costs code number components consequently constant control characteristic customers decision rules degree of service delivery determined discussed duction economic stock example expected consumption factors feed-back finished products forecast frequency distribution frequently function gamma distributions gasometer increase Inventory Control large number manufacturer method months multi-step control Non-linear control number of orders occur optimum batch order book order level order quantity ordering costs oscillations period possible Principal Law probability distribution product group Production and Inventory production capacity production level production planning production process production rule proportional control Q)-method random raw materials re-order level replenishment batch replenishment order run-out list S)-system safety stock situation standard deviation stochastic processes stock costs stock management stock point stock-outs supplier Table tion total stock turnover types variations waiting weeks