The simultaneous planning of production, capacity, and inventory in seasonal demand environments
成果类型:
Article
署名作者:
Bradley, JR; Arntzen, BC
署名单位:
Cornell University
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.47.6.795
发表日期:
1999
页码:
795-806
关键词:
摘要:
Manufacturing managers often address capacity and inventory decisions separately, thus ignoring the interaction between capacity and inventory within a manufacturing system. The separation of these two decisions can lead to an imbalance of capacity and inventory investment. We develop a model that simultaneously plans capacity investment, inventory investment, and the production schedule using rerum on assets as the objective to maximize. An algorithm is developed that optimizes a fractional objective function for a mixed-integer program. The model was applied at an electronics manufacturer and at a manufacturer of office supplies.