Production Planning with Inexact Customer Demand

1998 ◽  
pp. 414-427
Author(s):  
Jonathan F. Bard
Keyword(s):  
Production Planning ◽  
Customer Demand

scholarly journals Optimization of Production Planning Using Goal Programming Approach at Chocolate Factory

2018 ◽  
Vol 248 ◽  
pp. 03016
Author(s):  
Noviyarsi ◽  
Lestari Setiawati ◽  
Arhamna Arisya
Keyword(s):  
Production Planning ◽  
Goal Programming ◽  
Processing Time ◽  
Raw Material ◽  
Programming Approach ◽  
Production Volume ◽  
Customer Demand ◽  
Maximum Profit ◽  
Set Up ◽  
Chocolate Factory

Company X is a mini chocolate factory in West Sumatera Province. The Company produces three types of product, that is paralin chocolate, bar chocolate 75 gr and bar chocolate 20 gr. Today, production planning only based on customer demand without any analysis an optimized amount of production to maximize profit. The purposed of this research was the optimization of production planning to maximize company profit. Goal programming approach was used in this research. There were four goals that need to optimize, that are, production volume, profit, processing time and raw material. Horizon plan was set up for six periods. LINDO software was used to compute an optimized result of goal programming. The final result shows an average of production amount for six periods, that were paralin chocolate about 65,95 kg, bar chocolate 75 gr about 883 bars and bar chocolate 20 gr about 3725 bars with maximum profit about Rp. 17.806.782,-

A Linear Programming Model for Product Mix Profit Maximization in A Small Medium Enterprise Company

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
S Mohd Baki ◽  
Jack Kie Cheng
Keyword(s):  
Linear Programming ◽  
Production Planning ◽  
Business Performance ◽  
Programming Model ◽  
Profit Maximization ◽  
Optimal Level ◽  
Linear Programming Model ◽  
Product Mix ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Production planning is often challenging for small medium enterprises (SMEs) company. Most of the SMEs are having difficulty in determining the optimal level of the production output which can affect their business performance. Product mix optimization is one of the main key for production planning. Many company have used linear programming model in determining the optimal combination of various products that need to be produced in order to maximize profit. Thus, this study aims for profit maximization of a SME company in Malaysia by using linear programming model. The purposes of this study are to identify the current process in the production line and to formulate a linear programming model that would suggest a viable product mix to ensure optimum profitability for the company. ABC Sdn Bhd is selected as a case study company for product mix profit maximization study. Some conclusive observations have been drawn and recommendations have been suggested. This study will provide the company and other companies, particularly in Malaysia, an exposure of linear programming method in making decisions to determine the maximum profit for different product mix.

Improvements to production planning in oil sands mining through analysis and simulation of truck cycle times

CIM Journal ◽  
2019 ◽  
Vol 10 (1) ◽  
Author(s):  
E. Goris Cervantes ◽  
S. P. Upadhyay ◽  
H. Askari-Nasab
Keyword(s):  
Production Planning ◽  
Oil Sands ◽  
Cycle Times ◽  
Oil Sands Mining

PROFITABILITY ANALYSIS OF NORMAL SEASON AND OFF-SEASON MUSKMELON CULTIVATION IN DISTRICT SIALKOT, PAKISTAN

1970 ◽  
pp. 24
Author(s):  
MUHAMMAD TAHIR LATIF, FALAK SHER, MUZZAMMIL HUSSAIN
Keyword(s):  
Sampling Method ◽  
Field Survey ◽  
Market Price ◽  
Primary Data ◽  
Customer Demand ◽  
Net Return ◽  
Profitability Analysis ◽  
Economic Parameters ◽  
Convenience Sampling ◽  
Gross Income

A field survey was conducted during 2016 to estimate the profitability of normal season and off-season muskmelon cultivation in district Sialkot, Pakistan. The primary data was collected from forty farmers with convenience sampling method. Economic parameters like net return and BCR were employed. Off-season muskmelon cultivation was found economically feasible due to additions of yield (17%), gross income (122%), profit (161%) and market price (90%) in comparison to normal season crop. Therefore, it is recommended to cultivate the off-season muskmelon (BCR 3.26) to obtain more profit and fulfill the customer demand in less supply period instead of normal season cultivation (BCR 2.44).

Roman lamp from the Ἀρχέπολις workshop and other late antique lamps from Burial House 1/2007 in the Harbour Necropolis of Ephesos

2019 ◽  
pp. 321-334
Author(s):  
Marina Ugarković
Keyword(s):  
Arts And Crafts ◽  
Late Antique ◽  
Customer Demand ◽  
Burial Rites ◽  
Grave Goods

The article presents ceramic lamps discovered during the 2007 rescue excavation conducted in Burial House 1/2007 in the Roman and late antique Harbour Necropolis of Ephesos, located north of the harbour channel. An imported Roman lamp of probable Cypriot origin, with the first instance of an 'Aρχεπόλεως signature coming from Ephesos, is given special attention among the grave goods from Grave 3. It depicts Hercules dragging Cerberus from the Underworld. Other finds represent imported and local late antique arts and crafts. Some of these may have been used in the context of Ephesian burial rites, most conceivably as lighting devices, contributing thus to a better understanding of local crafts and customer demand.

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