Optimizing Product Combination in Continuous Production Companies
Authors
Abstract:
The optimum use of the upstream resources, production corresponding to the market demands, and structural constraints for the optimum production with the less wastes during the most rapid time required by the market which finally result in the more profit for the shareholders are considered as the major objectives of this research. In this research, for the purpose of increasing the efficiency and optimum production, a model with a sequence proportional to the constraints of the problem is proposed by use of zero–one, integer programming based on the operational research science. The gained mathematical model is studied and verified with the actual data of Jam Polypropylene Co. and executed during monthly periods with one year planning horizon that the expected results of this research will realize during the term of study and assessment will result in increase of net profit, decrease in product storage, the faster responding the market demand corresponding to the profit of the company by taking the structural constraints of the factory and production into account.
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Journal title
volume 2 issue 8
pages 85- 94
publication date 2017-02-19
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