A Decision Support System to Optimize Production Quantities with Respect to Product Phase-Out Costs

Fabian Leuthold (), Katrin Hügel (), Oliver Mörl () and Harold Tiemessen ()
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Fabian Leuthold: Eastern Switzerland University of Applied Sciences
Katrin Hügel: Eastern Switzerland University of Applied Sciences
Oliver Mörl: Leica Geosystems AG
Harold Tiemessen: Eastern Switzerland University of Applied Sciences

A chapter in Operations Research Proceedings 2021, 2022, pp 75-80 from Springer

Abstract: Abstract The increasing pressure to innovate requires that products are replaced by successor products at ever shorter intervals. Manufacturing companies are therefore increasingly faced with the planning of product phase-outs. A central question in the planning of phase-outs is how many units of the discontinued products should still be manufactured before their fabrication is ceased. At Leica Geosystems, a production company in the surveying industry, this decision-making process takes place in dedicated interdepartmental planning meetings. In this paper, we describe a Decision Support System that enables the management to develop different phase-out scenarios, compare them with each other, and thus make informed planning decisions.

Keywords: Decision support systems; Production and inventory systems; Mixed-integer programming (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/978-3-031-08623-6_12

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