The economic justification of setup time reduction under variable demand

DOI10.1080/00207729808929594zbMath1026.91066OpenAlexW2046756097MaRDI QIDQ4546781

Tai-Yue Wang, Jun-Yi Song

Publication date: 5 December 2002

Published in: International Journal of Systems Science (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1080/00207729808929594

zbMATH Keywords

setup timeinvestmentbudget constraintvariable demandproduct's life cycle

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Consumer behavior, demand theory (91B42)

Cites Work

• Setup time reduction and competitive advantage in a closed manufacturing cell
• A New Product Growth for Model Consumer Durables
• Investing in Reduced Setups in the EOQ Model
• Setup cost reduction in an inventory model with finite-range stochastic lead times

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