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CHEN Zhixiang
School of Business,
Sun Yat-sen University,
Guangzhou 510275, China
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AGILITY INDEXES AND APPLICATION OF
PRODUCTION PLANNING*
Abstract:
The agility of production planning is defined as two characters: synchronization and flexibility. Measurement indexes for evaluating agility are then divided into two dimensions separately. Synchronization includes two horizontal indexes: order lead time ratio and demand fulfilling rate; Two vertical indexes: instruction-reaction cycle time and resource matching rate. Flexibility includes five indexes: scope flexibility, delivery flexibility, variety flexibility, capacity buffer, inventory buffer and modification flexibility. Quantitative formulas for each measurement index are constructed. One application is discussed to illustrate the feasibility and reasonability of the indexes.
Key words:
Production planning Agile supply chain Responsiveness |