Note: How Does Product Proliferation Affect Responsiveness?
In this note we consider some strategies that a manufacturing firm may use to deal with an increase in the variety of products it offers. We indicate how alternate strategies for dealing with product proliferation impact the firm's responsiveness, measured in terms of average production lead ti...
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Veröffentlicht in: | Management science 1998-07, Vol.44 (7), p.1017-1020 |
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description | In this note we consider some strategies that a manufacturing firm may use to deal with an increase in the variety of products it offers. We indicate how alternate strategies for dealing with product proliferation impact the firm's responsiveness, measured in terms of average production lead time and average work-in-process inventory. Focusing on the make-to-order environment and using queueing models, we derive conditions under which an increase in product variety can improve both individual product performance as well as system performance, thus contradicting a common belief that a greater degree of focus and greater responsiveness go hand in hand. These queueing models provide operations managers analytical tools for evaluating alternate strategies for coping with product proliferation. |
doi_str_mv | 10.1287/mnsc.44.7.1017 |
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We indicate how alternate strategies for dealing with product proliferation impact the firm's responsiveness, measured in terms of average production lead time and average work-in-process inventory. Focusing on the make-to-order environment and using queueing models, we derive conditions under which an increase in product variety can improve both individual product performance as well as system performance, thus contradicting a common belief that a greater degree of focus and greater responsiveness go hand in hand. These queueing models provide operations managers analytical tools for evaluating alternate strategies for coping with product proliferation.</description><subject>Applied sciences</subject><subject>Exact sciences and technology</subject><subject>Inventory control, production control. 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source | RePEc; INFORMS PubsOnLine; Periodicals Index Online; EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing |
subjects | Applied sciences Exact sciences and technology Inventory control, production control. Distribution Make-to-Order Production Systems Manufacturing Marketing Mathematical models Operational research and scientific management Operational research. Management science Operations research Polling Models Product management Product Variety Production costs Production systems Queueing Queuing theory Queuing theory. Traffic theory Studies Work in process |
title | Note: How Does Product Proliferation Affect Responsiveness? |
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