THE EFFECTS OF LEAD TIME ON PLANT TIMING AND SIZE

Ben A. Chaouch · John A. Buzacott

24 citations0/0 files storedProduction and Operations Management

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Supply Chain and Inventory Management Management and Optimization Techniques Capital Investment and Risk Analysis

Abstract

An important issue in planning capacity expansion under uncertain demand is the effect of lead time on the timing of plant construction. Our model helps decide whether (1) plant construction is initiated after a certain deficit is accumulated, or (2) plant construction is initiated ahead of demand when a certain capacity surplus is reached. In addition to our analytical results, we present computational results to show that it is economically attractive to delay plant construction beyond the time when existing excess capacity becomes fully absorbed, with relatively short construction lead time.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 24 citations exist upstream.

References

1982Operations Research and Capacity Expansion Problems: A Survey 1961Capacity Expansion and Probabilistic Growth 1968Investments for Capacity Expansion--Size, Location and Time Phasing 1987Optimal capacity expansion under uncertainty 1992Capacity Expansion Under Stochastic Demands 1982Capacity expansion: Analysis of simple models with applications 1977Uncertainty and Lags in the Investment Decisions of Firms 1980Capacity Expansion when Demand Is a Birth-Death Random Process

Cited by

2005Manufacturing Operations Manuscripts Published in the First 52 Issues of POM : Review, Trends, and Opportunities

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.