Integrating meta-heuristics, simulation and exact techniques for production planning of a failure-prone manufacturing system

Juan Esteban Diaz, Julia Handl and Dong-Ling Xu

European Journal of Operational Research, 2018, vol. 266, issue 3, 976-989

Abstract: This paper considers a real-world production planning problem in which production line failures cause uncertainty regarding the practical implementation of a given production plan. We provide a general formulation of this problem as an extended stochastic knapsack problem, in which uncertainty arises from non-trivial perturbations to the decision variables that cannot be represented in closed form.

Keywords: Genetic algorithms; Combinatorial optimization; Production planning; Simulation-based optimization; Uncertainty modelling (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:266:y:2018:i:3:p:976-989

DOI: 10.1016/j.ejor.2017.10.062

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