Production Planning under Uncertainties and Forecasts Updates
Zied Jemai (),
Maxime Claisse () and
Chengbin Chu ()
Additional contact information
Zied Jemai: LGI - Laboratoire Génie Industriel - EA 2606 - CentraleSupélec
Maxime Claisse: LGI - Laboratoire Génie Industriel - EA 2606 - CentraleSupélec
Chengbin Chu: LGI - Laboratoire Génie Industriel - EA 2606 - CentraleSupélec
Post-Print from HAL
Abstract:
—In this paper, we consider a single item single level production planning problem with uncertain and dynamic demand. The uncertainties are modelled through the probability density function of the demand. The system is studied in a rolling-horizon framework, in which data is updated at each iteration and makes the demand non-stationary. In this context, we model a cost minimization problem using a stochastic dynamic programming approach, which allows to integrate the update of the demand density into the optimization process. We calculate the optimal production quantities in a specific case where linear regression is the forecasting method used and the production lead-time is equal to one period. We finally run a simulation to illustrate the optimality of the solution, and to show its efficiency compared to others classical production planning procedures.
Date: 2016-04-06
References: Add references at CitEc
Citations:
Published in 3rd International Conference on Control, Decision and Information Technologies (CoDIT'16) , Apr 2016, Saint Julian's, Malta
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01672409
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().