×

The production planning optimization under correlated uncertain demand. (Chinese. English summary) Zbl 1174.90452

Summary: Production planning is an important issue in the Supply Chain Management. Production is planned to meet the future demand. Under uncertain demand, the objective of the planning is to decide the production quantity of each product so that profit can be maximized and opportunity loss minimized. In real case, however, the demands of products are usually correlated. Hence, in this paper, a method is proposed for production planning optimization under the correlated and uncertain demand. Experimental results show that the algorithm can be applied conveniently to solve the production planning optimization problem in which the uncertain demands are correlated with each other.

MSC:

90B30 Production models
90B06 Transportation, logistics and supply chain management
90C29 Multi-objective and goal programming
PDFBibTeX XMLCite