Comparison Min-max As Sample Clauses

Comparison Min-max As. Is - Min-max To-Be - Lead-time To-Be In this section three situations are compared, the Min-max As-Is situation, Min-max To-Be situation and the Lead-time To-Be situation. The Min-max As-Is situation is compared with the Min-max To-Be situation to see whether the current situation, can be improved when the turn-around stock and minimum levels are changed. The Min-max To-Be situation and the Lead-time To-Be situation are compared to see which interface agreement holds more promise for further use. The investment cost for the As-Is situation is equal to €9,119,108.38. The investment cost for the To-Be situations is equal to €2,639,138.19. In Appendix L, Tables L.1, L.2, L.5 until L.8 the results are given. This section has the same structure as the previous one. EBO and Fill rate The EBO for the three situations is displayed in Figure 7.5a. From this figure can be concluded that the Min-Max To-Be has the lowest EBO. The difference between the EBO in the Min-max To-Be and the other situations is statistically significant. In case of the fill rate, see Figure 7.5b, the Min-max As-Is situation has the best performance. The performance is always statistically significant better than the performance of the Lead-time To-Be situation. The difference in fill rate between the Min-max To-Be and Min-max As-Is, is statistical significant for an utilization higher than 0.86. Also this effect can be explained by the difference in priority mechanism between the two models. The difference between the Min-max As-Is situation and the To-Be situation is due to a different value for the minimum levels and turn-around stock. The values for both the fill rate and the EBO, in case of the Min-max situations, remain almost stable for different utilization rates. For the fill rate a decrease in utilization from 0.99 to 0.86, will not improve the fill rate significantly. For the EBO this change is significant, but still quite small. This means that the fill rate is not sensitive to capacity changes and the EBO only to a limited extent. For the Lead-time model, extra investment in capacity, is beneficial for the EBO and fill rate. However as explained before this effect might be slightly less in the real situation. This effect is most likely the result of the model assumptions made with respect to the capacity. In the case of the To-Be situation, in determination of the parameter values, an EBO of 12.7 is used in the optimization model. This value indicates the maximum number of backor...
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