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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.
To calculate the total capacity available, the volume is adjusted according to the period being considered. The available capacity is the difference between the required capacity and planned operating capacity. Capacity is needed in formulation and execution of strategy as this refers to how capable are the resources in the organization.
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 ...
The formal definition of the quadratic assignment problem is as follows: Given two sets, P ("facilities") and L ("locations"), of equal size, together with a weight function w : P × P → R and a distance function d : L × L → R. Find the bijection f : P → L ("assignment") such that the cost function:
The minimum-cost flow problem (MCFP) is an optimization and decision problem to find the cheapest possible way of sending a certain amount of flow through a flow network.A typical application of this problem involves finding the best delivery route from a factory to a warehouse where the road network has some capacity and cost associated.
Capacity of a container, closely related to the volume of the container Capacity of a set , in Euclidean space, the total charge a set can hold while maintaining a given potential energy Capacity factor , the ratio of the actual output of a power plant to its theoretical potential output
Reach truck handling stretch wrapped unit load Air cargo container of the AKH type on a trailer. The term unit load refers to the size of an assemblage into which a number of individual items are combined for ease of storage and handling, [1] for example a pallet load represents a unit load which can be moved easily with a pallet jack or forklift truck, or a container load represents a unit ...
This section features terms used across different areas in mathematics, or terms that do not typically appear in more specialized glossaries. For the terms used only in some specific areas of mathematics, see glossaries in Category:Glossaries of mathematics.