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Statistical analyses of stock level and order quantity for the KANBAN system.

Takayoshi Tamura, Seiichi Fujita, Shigenori Kotani

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Abstract

KANBAN is known as a practical tool to control the inventory of materials and the timing of production. This paper presents a probabilistic model for the KANBAN system, considering such parameters as shipping frequency per day, traveling lead-time of KANBAN, consumption variation of materials and overtime. Some statistical analyses concerning inventory levels and order quantities of materials are carried out.

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KANBAN is known as a practical tool to control the inventory of materials and the timing of production. This paper presents a probabilistic model for the KANBAN system, considering such parameters as shipping frequency per day, traveling lead-time of KANBAN, consumption variation of materials and overtime. Some statistical analyses concerning inventory levels and order quantities of materials are carried out.

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Available abstract

KANBAN is known as a practical tool to control the inventory of materials and the timing of production. This paper presents a probabilistic model for the KANBAN system, considering such parameters as shipping frequency per day, traveling lead-time of KANBAN, consumption variation of materials and overtime. Some statistical analyses concerning inventory levels and order quantities of materials are carried out.

Key concepts: Overtime, Kanban, Operations research, Stock (firearms), Computer science, Probabilistic logic, Order (exchange), Econometrics

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