An integral planning model that includes production, selling price, cash flow management and flexible capacity
Résumé
The integration of decisions regarding different areas into a single model is a current trend in industrial planning that has been made possible thanks to improvements in hardware and software capacity. In fact, many authors consider that production and marketing decisions should be integrated. In this paper, we discuss an aggregate planning problem that includes production, selling price, cash management and flexible capacity (by means of hiring and firing and with the possibility of unlimited production subcontracting). The demand is considered to be a nonlinear function of the product selling price. The problem, which is modelled as a mixed integer linear program, can be solved using standard optimization software. The results of a computational experiment and a numerical example are shown to illustrate the performance of the proposed model and obtain some managerial insights.
Domaines
Sciences de l'ingénieur [physics]
Origine : Fichiers produits par l'(les) auteur(s)
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