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Finding sequences of products that minimize transition costs
Putting products into families that require minimum transition costs between family members
Assigning family members to production facilities that keep transition costs low while recognizing capacity constraints
Calculating the cost of cycle stock inventory based on how often and how much product is made. (The cost of carrying safety stock also adds to the annual inventory cost calculation.)
Assigning run lengths and run frequencies that balance the costs of transitions with the costs of holding inventory
Calculating the safety stock required to maintain target customer service levels.
This product wheel description assumes that basic line and material data have been imported to Phenix.
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