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A review of multi-factor capacity expansion models for manufacturing plants: Searching for a holistic decision aid.

By Nirupam Julka, Tim S. Baines, Benny Tjahjono, Peter Lendermann and Val Vitanov

Abstract

Investment in capacity expansion remains one of the most critical decisions for a manufacturing organisation with global production facilities. Multiple factors need to be considered making the decision process very complex. The purpose of this paper is to establish the state-of-the-art in multi-factor models for capacity expansion of manufacturing plants within a corporation. The research programme consisting of an extensive literature review and a structured assessment of the strengths and weaknesses of the current research is presented. The study found that there is a wealth of mathematical multi-factor models for evaluating capacity expansion decisions however no single contribution captures all the different facets of the problem

Topics: Manufacturing network, Capacity expansion, Multiple factor, Holistic models
Publisher: Elsevier
Year: 2007
DOI identifier: 10.1016/j.ijpe.2006.08.002
OAI identifier: oai:dspace.lib.cranfield.ac.uk:1826/1398
Provided by: Cranfield CERES
Journal:

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