A review of multi-factor capacity expansion models for manufacturing plants:searching for a holistic decision aid

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Julka, Nirupam ; Baines, Tim ; Tjahjono, Benny ; Lendermann, Peter ; Vitanov, Val (2007)
  • Publisher: Elsevier
  • Related identifiers: doi: 10.1016/j.ijpe.2006.08.002
  • Subject: Multiple factor | Holistic models | Manufacturing network | Capacity expansion

Investment in capacity expansion remains one of the most critical decisions for a manufacturing organisation with global production facilities. Multiple factors need to be considered making the decision process very complex. The purpose of this paper is to establish the state-of-the-art in multi-factor models for capacity expansion of manufacturing plants within a corporation. The research programme consisting of an extensive literature review and a structured assessment of the strengths and weaknesses of the current research is presented. The study found that there is a wealth of mathematical multi-factor models for evaluating capacity expansion decisions however no single contribution captures all the different facets of the problem.
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