ProductionPlanningI(3,27)

ProductionPlanningI( - Chapter 3 Production(Aggregate Planning Introduction What is Production Planning What are the decisions involved What are we

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1 Chapter 3: Production (Aggregate) Planning - Introduction What is Production Planning? What are the decisions involved? What are we given to work with? Question: What is the major uncertainty? Machine  Hours Time Capacity
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2 Production Planning - Introduction Basic Concerns: -Production Smoothing -Bottlenecks -Planning Horizon Question: What decisions can we make to address these concerns?
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3 Production Planning – Using Linear Programming Objective Function: Minimize Total Cost Total Cost Production, Inventory, Work Force Major Assumption: All costs are linear such as: Decisions: - # of Hires & Fires H t , F t - # of Employees W t - Inventory Levels I t - Subcontract & Overtime Production S t , O t - Production level in period t and Idleness Level P t, , U t Parameters: - Planning Horizon T - Cost of Hiring, Firing C H , C F - Holding Cost C I - Cost of Regular and Overtime Production C R , C O - Cost of idleness and subcontracting C u , C S - Demand D t
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This note was uploaded on 10/08/2011 for the course IE 383 taught by Professor Leyla,o during the Spring '08 term at Purdue University-West Lafayette.

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ProductionPlanningI( - Chapter 3 Production(Aggregate Planning Introduction What is Production Planning What are the decisions involved What are we

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