• Title/Summary/Keyword: MTS(Make to Stock)

Search Result 7, Processing Time 0.031 seconds

A Development of Hybrid Production System Modeling using Simulation (시뮬레이션을 활용한 Hybrid 생산 Model의 연구)

  • Noh, Gwon-Hak;Son, Seong-Gyu;Chang, Sung-Ho;Lee, Jong-Hwan;Jeong, Gwan-Young;Kim, Tae-Sung;Lee, Hee-Soo
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.34 no.2
    • /
    • pp.76-84
    • /
    • 2011
  • To meet the needs of customer, manufacturing companies are diversifying product making methods. In order to adapt to changes, companies are trying to find a new manufacturing system. In this research, MTS (Make to Stock) and MTO (Make to Order) production methods are simulated using ARENA and the results are compared and analyzed to find a better system. As a result, by combining the advantages of MTS and MTO system, a hybrid production system is developed. The hybrid model is analyzed to verify that it is better than the existing two models, which is MTS and MTO model. The statistic results of output analyzer show that a new system helped to increase production rate and decrease work in process inventory. The hybrid model proved that it contains the merits of MTO production method and MTS production method.

Joint Batch Production and Inventory Rationing Control in a Two-Station Serial Production System (두 단계 일렬 생산 시스템에서 뱃치 생산과 재고 배급 전략의 통합 구현)

  • Kim, Eun-Gab
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.38 no.2
    • /
    • pp.89-97
    • /
    • 2012
  • This paper considers a manufacturer with a two-station make-to-stock and make-to-order serial production system. The MTS facility produces a single type of component and provides components for the MTO facility that produces customized products. In addition to the internal demand from the MTO facility, the MTS facility faces demands from the spot market with the option of to accept or reject each incoming demand. This paper addresses a joint component inventory rationing and batch production control which maximizes the manufacturer's profit. Using the Markov decision process model, we investigate the structural properties of the optimal inventory rationing and batch production policy, and present two types of heuristics. We implement a numerical experiment to compare the performance of the optimal and heuristic policies and a simulation study to examine the impact of the stochastic process variability on the inventory rationing and batch production control.

Make To Stock Production Method with the bankruptcy of Fukusuke Corporation

  • Otani, Tsuyoshi;Shimizu, Yoshio
    • Proceedings of the Korean Fiber Society Conference
    • /
    • 2003.10a
    • /
    • pp.53-54
    • /
    • 2003
  • Fukusuke applied for beginning "Civil affairs reproduction procedure" on June 21, 2003. It′s bankrupt. After obtaining the data of "Commodity Attribute, Sales, Sates Cost, Stock, Ordinary Profit, And Special Loss" based on the financial statement at the time of the bankruptcy, the influence of the production method improves checking. They are compared with a similar apparel company. The production method is close with the distribution circumstances. As a result, it searches for the limit of "Mass-Sail system" in fiber & fashion product by "Make To Stock(MTS) Production Method".

  • PDF

A study on the CTP System development at manufacture based MTO and MTS (MTO와 MTS기반의 생산방식에서의 CTP 시스템 개발에 관한 연구)

  • 여성주;류석곤;왕지남
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2000.04a
    • /
    • pp.534-537
    • /
    • 2000
  • Recently, A manufacturing formula centered of the customer is one of the most important parts for the company competition. Especially, it is the matters of weight and importance that Make to Order(MTO) and Make to stock(MTS) is considered at the same time for designing manufacturing system based the order effectly. This paper suggests a alternative Available to promise(ATP) and capable to promise(CTP) to confirm the delivery time to customer, how to link mid-long term production plan with short term daily based scheduling, how to relate middle processes of device based industry to mid-long term plan through the example of S company in a manufacturing formula mixed MTO and MTS

  • PDF

A Study on Production Policies in hybrid MTO-MTS Production Environment

  • Park Sang-Yeon;Song Ik-Su;Jeong Bong-Ju
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2006.05a
    • /
    • pp.1139-1146
    • /
    • 2006
  • 최근 고객의 다양한 요구로 인하여 기존 계획 생산이던 생산 환경이 주문 생산과 혼합된 혼합 생산 환경으로 바뀌고 있다. 본 연구에서는 이러한 생산 환경의 변화로 다양한 산업에서 대두되고 있는 Hybrid MTO(make-to-order)-MTS(make-to-stock) 생산 환경을 대상으로 하여 임의로 발생하는 MTO 제품의 생산 시기 결정 및 이로 인하여 변화하는 MTS 제품의 생산 계획을 고려한 몇 가지 production policies를 제시하였다. 각 정책의 특징 및 규칙을 설명하였으며 실험을 통하여 각 모델별 성능을 Cycle time, Cost, Customer Satisfaction 측면에서 비교하여 다양한 생산 정책에 적합하도록 MTO 제품 생산 시기 결정을 내릴 수 있게 하였다.

  • PDF

A Proposal for the Improvement Method of Order Production System in the Display Industry (디스플레이산업에서 수주생산방식의 개선 및 효율화 제고 방안)

  • Cho, Myong Ho;Cho, Jin Hyung
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.39 no.4
    • /
    • pp.106-116
    • /
    • 2016
  • MTO (Make to Order) is a manufacturing process in which manufacturing starts only after a customer's order is received. Manufacturing after receiving customer's orders means to start a pull-type supply chain operation because manufacturing is performed when demand is confirmed, i.e. being pulled by demand (The opposite business model is to manufacture products for stock MTS (Make to Stock), which is push-type production). There are also BTO (Build to Order) and ATO (Assemble To Order) in which assembly starts according to demand. Lean manufacturing by MTO is very efficient system. Nevertheless, the process industry, generally, which has a high fixed cost burden due to large-scale investment is suitable for mass production of small pieces or 'mass customization' defined recently. The process industry produces large quantities at one time because of the lack of manufacturing flexibility due to long time for model change or job change, and high loss during line-down (shutdown). As a result, it has a lot of inventory and costs are increased. In order to reduce the cost due to the characteristics of the process industry, which has a high fixed cost per hour, it operates a stock production system in which it is made and sold regardless of the order of the customer. Therefore, in a business environment where the external environment changes greatly, the inventory is not sold and it becomes obsolete. As a result, the company's costs increase, profits fall, and it make more difficult to survive in the competition. Based on the customer's order, we have built a new method for order system to meet the characteristics of the process industry by producing it as a high-profitable model. The design elements are designed by deriving the functions to satisfy the Y by collecting the internal and external VOC (voice of customer), and the design elements are verified through the conversion function. And the Y is satisfied through the pilot test verified and supplemented. By operating this make to order system, we have reduced bad inventories, lowered costs, and improved lead time in terms of delivery competitiveness. Make to order system in the process industry is effective for the display glass industry, for example, B and C groups which are non-flagship models, have confirmed that the line is down when there is no order, and A group which is flagship model, have confirmed stock production when there is no order.

The material management process model of material characteristic for material administration of physical distribution (자재물류관리를 위한 자재 속성별 자재관리 프로세스 모델 - ETO 범주 자재를 중심으로 -)

  • Ha, Young-Seo;Yu, Jung-Ho;Kim, Chang-Duk
    • Korean Journal of Construction Engineering and Management
    • /
    • v.10 no.1
    • /
    • pp.16-25
    • /
    • 2009
  • In construction industry, the cost related to material is different from each other under the characteristic of projects. However, it has 40% of the whole cost in the composition of prime cost. Recently, While the construction work become bigger, specialized and complex, it is complex to carry in materials because of shortage of space. However, in many cases, material management has been underestimated as well as the material management is depending on experience of site managers so it has been studied about frequently. In this study, I suggest four classification methods of material characteristic ETO, ATO, MTO, MTS. I also analyze what the most efficient supply management of the site materials is through researching the characteristics of the material distribution. In conclusion, I would like to build the material management classification for the characteristics of materials.