Hsinchu, Taiwan
Research Article
Optimal Process/Reprocess Production Mix for Multiple Orders in Multiple Periods
Author(s): Hsiao-Fan Wang and Hung-Shi LinHsiao-Fan Wang and Hung-Shi Lin
Production planning, which allows the manufacturer to efficiently manage all production activities, is a major issue in manufacturing/processing industries. This study considers a medium-term production planning problem, in which a producer receives several periodic orders from multiple retailers at the beginning of the planning horizon. Given the limit in production capacity, the producer must reject some orders under the profit maximization principle, while considering multiple and inseparable orders, backlogging policy, and capacity limitation of the plant. Therefore, the producer faces two issues, namely, (a) which orders the producer should accept, and (b) how to allocate the products to the retailers. To solve these problems, we propose a multiple-period production plan in the form of an integer program. Theoretical development with numerical examples is provided. The results ha.. Read More»
DOI:
10.4172/2169-0316.1000144
Industrial Engineering & Management received 739 citations as per Google Scholar report