Of physics and factory physics

• Autores: Mark L. Spearman
• Localización: Production and Operations Management, ISSN-e 1937-5956, Vol. 23, Nº. 11, 2014, págs. 1875-1885
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The �Principle of Least Action" is the foundational principle of fundamental physics. Application of this principle to the supply chain naturally results in an �uncertainty principle� linking variation in production to variation in net-inventory. The model also provides an easy means of determining the stationary distribution of net-inventory for a variety of control strategies. The formalism results in a control strategy that outperforms commonly used control methods.