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  • 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
  • Industrial control system Make to Stock decision making in metallurgical companies
  • Industrial control system Make to Stock decision making in metallurgical companies (en)
skos:prefLabel
  • Industrial control system Make to Stock decision making in metallurgical companies
  • Industrial control system Make to Stock decision making in metallurgical companies (en)
skos:notation
  • RIV/61989100:27510/11:86079298!RIV12-MSM-27510___
http://linked.open...avai/predkladatel
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
  • 204248
http://linked.open...ai/riv/idVysledku
  • RIV/61989100:27510/11:86079298
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • Make to Stock, Make to Order, metallurgical company, metal cloth production (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [1E1C353481FD]
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
  • 27510
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