Optimum Product Mix Management under Multiple Batch Production Utilising a Computer Simulation Model
Abstract
Production planning and control is a complex task in multiple batch production situations. Work orders arrive in a random manner and, considering the diverse product array, work centre capacities loaded and available also change in a random manner. A particular product mix may suit a particular load pattern generated and, to be realistic, the optimum product mix must be considered a dynamic parameter rather than a static one. Considering the multitude of parameters associated, it is difficult to determine the optimum product mix in a manual system. The use of a computer simulation model to determine the optimum product mix and also the criteria to be used in arriving at the pricing strategy under multiple batch production situations are discussed.
Keywords
Citation
Goonatilake, L. (1989), "Optimum Product Mix Management under Multiple Batch Production Utilising a Computer Simulation Model", Industrial Management & Data Systems, Vol. 89 No. 5, pp. 23-27. https://doi.org/10.1108/02635578910134619
Publisher
:MCB UP Ltd
Copyright © 1989, MCB UP Limited