About: Make to Stock decision making in metallurgical companies     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

AttributesValues
rdf:type
Description
  • Make to Stock (MTS) production and inventory planning and control policy means finished goods are produced based on forecast and the customer buys from the finished goods inventory. Otherwise, Make to Order (MTO) policy is used. Thanks to its specific character, metallurgical production is considered to be a typical representative using MTO policy. The main problem of application of MTS policy in metallurgical companies is the wide range of produced assortment and high value of the final products. Strengthening competition and increasing requirements of customers however, especially in the periods of recession, force metallurgical companies to consider more and more often whether to transfer to MTS policy for selected assortment. The objective of this article is to define the possible utilization of MTS policy in metallurgical industry. This is the reason why the article identifies the factors which should be taken into account during MTS decision making in metallurgical companies, and it summarizes the current trends in this sphere. The final decision between MTS or MTO should be the outcome of a detailed analysis of advantages and disadvantages of both approaches. Dynamic simulation is seen as a tool which can significantly support this analysis. The possible utilization of dynamic simulation in this area is illustrated on an example of decision making concerning the increase of share of MTS in metal cloth production.
  • Make to Stock (MTS) production and inventory planning and control policy means finished goods are produced based on forecast and the customer buys from the finished goods inventory. Otherwise, Make to Order (MTO) policy is used. Thanks to its specific character, metallurgical production is considered to be a typical representative using MTO policy. The main problem of application of MTS policy in metallurgical companies is the wide range of produced assortment and high value of the final products. Strengthening competition and increasing requirements of customers however, especially in the periods of recession, force metallurgical companies to consider more and more often whether to transfer to MTS policy for selected assortment. The objective of this article is to define the possible utilization of MTS policy in metallurgical industry. This is the reason why the article identifies the factors which should be taken into account during MTS decision making in metallurgical companies, and it summarizes the current trends in this sphere. The final decision between MTS or MTO should be the outcome of a detailed analysis of advantages and disadvantages of both approaches. Dynamic simulation is seen as a tool which can significantly support this analysis. The possible utilization of dynamic simulation in this area is illustrated on an example of decision making concerning the increase of share of MTS in metal cloth production. (en)
Title
  • Make to Stock decision making in metallurgical companies
  • Make to Stock decision making in metallurgical companies (en)
skos:prefLabel
  • Make to Stock decision making in metallurgical companies
  • Make to Stock decision making in metallurgical companies (en)
skos:notation
  • RIV/61989100:27360/11:86081886!RIV12-MSM-27360___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • S, Z(MSM6198910015)
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 210306
http://linked.open...ai/riv/idVysledku
  • RIV/61989100:27360/11:86081886
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • metal cloth production; metallurgical company; Make to Order; Make to Stock (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [B8F0F46E3E5D]
http://linked.open...v/mistoKonaniAkce
  • Brno
http://linked.open...i/riv/mistoVydani
  • Ostrava
http://linked.open...i/riv/nazevZdroje
  • 20th Anniversary International Conference on Metallurgy and Materials: METAL 2011
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Tvrdoň, Leo
  • Lenort, Radim
http://linked.open...vavai/riv/typAkce
http://linked.open.../riv/zahajeniAkce
http://linked.open...n/vavai/riv/zamer
number of pages
http://purl.org/ne...btex#hasPublisher
  • Tanger s.r.o.
https://schema.org/isbn
  • 978-80-87294-24-6
http://localhost/t...ganizacniJednotka
  • 27360
Faceted Search & Find service v1.16.118 as of Jun 21 2024


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3240 as of Jun 21 2024, on Linux (x86_64-pc-linux-gnu), Single-Server Edition (126 GB total memory, 36 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software