Abstract
In the first part of this work we examined how production and consumption could be characterized. Naturally, in practice, all kinds of combinations of a particular production process occur with a particular consumption pattern. From consideration of the various cases which arise a picture can be built up of the reasons which respectively cause waiting times for orders, and the under-employment of production machinery; at the same time it becomes evident how stock of products can be utilized.
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© 1972 N. V. Philips’ Gloeilampenfabrieken, Eindhoven
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van Hees, R.N., Monhemius, W. (1972). Functions of stocks and causes of waiting time. In: An Introduction to Production and Inventory Control. Philips Technical Library. Palgrave, London. https://doi.org/10.1007/978-1-349-00450-8_7
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DOI: https://doi.org/10.1007/978-1-349-00450-8_7
Publisher Name: Palgrave, London
Print ISBN: 978-1-349-00452-2
Online ISBN: 978-1-349-00450-8
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