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.
| Original language | English |
|---|---|
| Pages (from-to) | 607-621 |
| Number of pages | 15 |
| Journal | International Journal of Production Economics |
| Volume | 106 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 1 Apr 2007 |
| Externally published | Yes |
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Keywords
- Capacity expansion
- Holistic models
- Manufacturing network
- Multiple factor
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Economics and Econometrics
- Management Science and Operations Research
- Industrial and Manufacturing Engineering
Cite this
A review of multi-factor capacity expansion models for manufacturing plants : Searching for a holistic decision aid. / Julka, Nirupam; Baines, Tim; Tjahjono, Benny; Lendermann, Peter; Vitanov, Val.
In: International Journal of Production Economics, Vol. 106, No. 2, 01.04.2007, p. 607-621.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - A review of multi-factor capacity expansion models for manufacturing plants
T2 - Searching for a holistic decision aid
AU - Julka, Nirupam
AU - Baines, Tim
AU - Tjahjono, Benny
AU - Lendermann, Peter
AU - Vitanov, Val
PY - 2007/4/1
Y1 - 2007/4/1
N2 - 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.
AB - 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.
KW - Capacity expansion
KW - Holistic models
KW - Manufacturing network
KW - Multiple factor
UR - http://www.scopus.com/inward/record.url?scp=33846452984&partnerID=8YFLogxK
U2 - 10.1016/j.ijpe.2006.08.002
DO - 10.1016/j.ijpe.2006.08.002
M3 - Article
VL - 106
SP - 607
EP - 621
JO - International Journal of Production Economics
JF - International Journal of Production Economics
SN - 0925-5273
IS - 2
ER -