Activity-in-Diagram: Set Lot Size

Creator

Description

Proper lot sizes have to be calculated with the balance among inventory costs, production lead times, and setup and handling costs. Inventory costs and production lead times are lower proportionally with the lot size; however, setup and handling costs have inverse relations with the lot size. The relationships between inventory costs and production lead times are analysed to set lot sizes in order to minimize the total operating cost.
Output: Lot Sizes
Control levels: Process cell ~ Unit

Owning Diagram A2: Develop Basic Design

Output

Lot Sizes

Control

Process Throughput Verification

Material Flow & Factory Layout Verification Result

Mechanism

PLM

DM