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Optimal buffer allocation strategy for minimizing work-in-process inventory in unpaced production lines
Authors:Kut C. So
Affiliation: a Department of Management, The Hong Kong Polytechnic University, Kowloon, Hong Kong
Abstract:
Several researchers have previously studied the problem of allocating buffer storage to maximize the throughput of a production line for a given total amount of buffer space. In this paper we study the optimal buffer allocation problem of minimizing the average work-in-process subject to a minimum required throughput and a constraint on the total buffer space. Although these two buffer allocation problems are closely related, our results show, surprisingly, that their optimal buffer allocations have very different patterns. Specifically, we show that the optimal buffer allocations for the problem considered here generally exhibit a monotonically increasing property where an increasing amount of buffer space is assigned toward the end of the line. This monotonically increasing property generally holds for both the balanced and unbalanced lines. On the basis of our empirical results, we develop a good heuristic for selecting the optimal buffer allocations.
Keywords:
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