scholarly journals Production Planning with Inventory-Based Financing

2020 ◽  
Vol 14 (1–2) ◽  
pp. 121-137
Author(s):  
Renato de Matta ◽  
Vernon Hsu
Keyword(s):  
Production Planning

A Linear Programming Model for Product Mix Profit Maximization in A Small Medium Enterprise Company

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
S Mohd Baki ◽  
Jack Kie Cheng
Keyword(s):  
Linear Programming ◽  
Production Planning ◽  
Business Performance ◽  
Programming Model ◽  
Profit Maximization ◽  
Optimal Level ◽  
Linear Programming Model ◽  
Product Mix ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Production planning is often challenging for small medium enterprises (SMEs) company. Most of the SMEs are having difficulty in determining the optimal level of the production output which can affect their business performance. Product mix optimization is one of the main key for production planning. Many company have used linear programming model in determining the optimal combination of various products that need to be produced in order to maximize profit. Thus, this study aims for profit maximization of a SME company in Malaysia by using linear programming model. The purposes of this study are to identify the current process in the production line and to formulate a linear programming model that would suggest a viable product mix to ensure optimum profitability for the company. ABC Sdn Bhd is selected as a case study company for product mix profit maximization study. Some conclusive observations have been drawn and recommendations have been suggested. This study will provide the company and other companies, particularly in Malaysia, an exposure of linear programming method in making decisions to determine the maximum profit for different product mix.

Improvements to production planning in oil sands mining through analysis and simulation of truck cycle times

CIM Journal ◽  
2019 ◽  
Vol 10 (1) ◽  
Author(s):  
E. Goris Cervantes ◽  
S. P. Upadhyay ◽  
H. Askari-Nasab
Keyword(s):  
Production Planning ◽  
Oil Sands ◽  
Cycle Times ◽  
Oil Sands Mining

Models for Production Planning under Power Interruptions

2011 ◽  
Author(s):  
Cagri Latifoglu ◽  
Lawrence V. Snyder ◽  
Pietro Belotti
Keyword(s):  
Production Planning
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