HarwinderSingh
Raman Kumar
Abstract
Now a day, manufacturing industry is focusing to optimize the supply-chain activities in order to survive in the competitive scenario. In the present study, an attempt has been made to optimize the production planning using linear programming. The production planning problem is transformed into linear programming, and the objective function is formulated, which consist of both production cost and holding cost. The constraints of the objective function of case company viz. demand, maximum production capacities in a month are treated on utmost priority while doing the production planning. The month wise production schedule is that could bring significant saving for case company. A case study is demonstrated to validate the present methodology. The comparison of existing production schedule and proposed production schedule is demonstrated to show the effectiveness of the present work.
Keywords- linearprogramming, optimization, production planning, supply-chain management