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Unformatted text preview: EOQ extension EPQ (order quantity with incremental delivery, total cost model) JIT/lean philosophy (push vs. pull, the Toyota Production System, sources of waste) Benefits of lean systems (e.g., When moving from push to pull, what happens to inventory? Quality levels? Flexibility? etc) Design of lean systems Facility layout Working with suppliers Lean services Use of a Kanban system Cases and simulations Attached formulas and a z-score table will be provided. Formulas H DS Q opt 2 = I z L T d q L T-+ + = + ) ( 2 ) ( L T L T + = + L z L d R + = H Q S Q D DC TC 2 + + = L d R = L z ss = L T z ss + = 2 L L = P = u o u C C C + d-p p H 2DS = Q P )H p d-(1 2 Q + S Q D + DC = TC...
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- Fall '11