The effects of manufacturing control strategies on the cash conversion cycle in manufacturing systems

dc.contributor.authorOzbayrak, M.
dc.contributor.authorAkgün, Melek
dc.contributor.authorAkgün, Melek
dc.date.accessioned2024-07-12T21:44:08Z
dc.date.available2024-07-12T21:44:08Z
dc.date.issued2006en_US
dc.departmentMaltepe Üniversitesien_US
dc.description.abstractIt is a common practice to measure the performance of a manufacturing system using common production management criteria such as cell performance metrics or general operations management metrics among engineering management/business administration practitioners, However, most of the time, these performance measures do not truly reflect company's financial performance. It is not unusual to see a well performing operational strategy in terms of one or more cell performance metrics fail to produce the same level of financial performance. The aim of this study is to investigate the effects of the two most common manufacturing planning and control strategies, namely push and pull, on the cash conversion cycle (CCC) in a manufacturing system. The CCC is an important measure of the length of time between cash payment for the purchase of resalable goods or an investment made for production and the collection of accounts receivable generated by the sale of those purchased/produced goods. We have simulated a hypothetical multi-stage manufacturing system that is run under either push or pull control systems to measure the effects of these systems on the financial performance of the company. We used deterministic master production scheduling for the simulated production period to eliminate the variation generated by randomness so that a one-to-one comparison between manufacturing control strategies is made possible. We analyse the results generated by the two control strategies to understand their effects on the CCC and draw conclusions. (c) 2006 Elsevier B.V. All rights reserved.en_US
dc.identifier.doi10.1016/j.ijpe.2005.11.002
dc.identifier.endpage550en_US
dc.identifier.issn0925-5273
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-33745855170en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage535en_US
dc.identifier.urihttps://dx.doi.org/10.1016/j.ijpe.2005.11.002
dc.identifier.urihttps://hdl.handle.net/20.500.12415/7676
dc.identifier.volume103en_US
dc.identifier.wosWOS:000239477900005en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoenen_US
dc.publisherELSEVIER SCIENCE BVen_US
dc.relation.ispartofINTERNATIONAL JOURNAL OF PRODUCTION ECONOMICSen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmzKY01301
dc.subjectcash conversion cycleen_US
dc.subjectpushen_US
dc.subjectpullen_US
dc.subjectCONWIPen_US
dc.subjectinventory cycleen_US
dc.titleThe effects of manufacturing control strategies on the cash conversion cycle in manufacturing systemsen_US
dc.typeArticle
dspace.entity.typePublication

Dosyalar