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Evaluation Model for Robustness and Efficiency Trade-offs in Production Capacity Decisions

  • Max MonauniEmail author
  • Mirja Meyer
  • Katja Windt
Conference paper
Part of the Lecture Notes in Production Engineering book series (LNPE)

Abstract

In volatile market environments with complex production processes, robustness against fluctuations is gaining in importance. Yet robustness can be seen as conflicting with efficiency, e.g., when excess capacities need to be provided. We suggest a model to assess the trade-off between robustness and efficiency for capacity investment decisions from a strategic as well as from an operations perspective. We argue that one needs to consider both perspectives in order to ensure the sustainability of a company.

Keywords

Capacity management Manufacturing Trade-offs Robustness 

Notes

Acknowledgments

The research of Prof. Dr.-Ing. Katja Windt is supported by the Alfried Krupp Prize for Young University Teachers of the Krupp Foundation.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Graduate School of Excellence Advanced Manufacturing EngineeringUniversity of StuttgartStuttgartGermany
  2. 2.Jacobs University Bremen, Global Production LogisticsBremenGermany

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