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By using dimensioning technology to calculate an item's dimensional weight, carriers are able to charge based on either volume or weight, depending on which is greater. In the warehousing industry, dimensioning is used to provide an overview of the volume items in stock which can reduce the costs of materials, return handling, shipping and ...
In other words, the box definition is extrinsic – one assumes the fractal space S is contained in a Euclidean space, and defines boxes according to the external geometry of the containing space. However, the dimension of S should be intrinsic , independent of the environment into which S is placed, and the ball definition can be formulated ...
Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. [1] In the context of capacity planning, design capacity is the maximum amount of work that an organization or individual is capable of completing in a given period.
Material theory (or more formally the mathematical theory of inventory and production) is the sub-specialty within operations research and operations management that is concerned with the design of production/inventory systems to minimize costs: it studies the decisions faced by firms and the military in connection with manufacturing, warehousing, supply chains, spare part allocation and so on ...
Typically, supply-chain managers aim to maximize the profitable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross margin return on inventory invested (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing total operating expenses (transportation, inventory and ...
Countable additivity of a measure : The measure of a countable disjoint union is the same as the sum of all measures of each subset.. Let be a set and a σ-algebra over . A set function from to the extended real number line is called a measure if the following conditions hold:
Using Little's Law, one can calculate throughput with the equation: = where: I is the number of units contained within the system, inventory; T is the time it takes for all the inventory to go through the process, flow time; R is the rate at which the process is delivering throughput, flow rate or throughput.
The harmonic capacity can also be understood as a limit of the condenser capacity. To wit, let S r denote the sphere of radius r about the origin in . Since K is bounded, for sufficiently large r, S r will enclose K and (Σ, S r) will form a condenser pair. The harmonic capacity is then the limit as r tends to infinity: