Multi-Product Scheduling in a Chemical Plant
Samuel Eilon
Additional contact information
Samuel Eilon: Imperial College of Science and Technology, London
Management Science, 1969, vol. 15, issue 6, B267-B279
Abstract:
Details are given of a chemical plant consisting of four machines, each capable of producing one of several products at a time. Five products are to be produced, each subject to a normal demand distribution with known parameters. The rates of production, costs, profit margins, setup times and machine capacities are given. The study compares two production scheduling methods, the first (Method I) is based on linear programming (two variants of this method are considered) and the second (Method II) on a multi-product batch scheduling approach. A simulation of the plant for a variety of demand conditions and for several safety-stock policies was carried out. The results suggest that Method I yields somewhat better plant performance for the case when average demand is below plant capacity, but neither method showed superiority under all conditions, and in many cases the difference between the results for the two methods was only marginal.
Date: 1969
References: Add references at CitEc
Citations:
Downloads: (external link)
http://dx.doi.org/10.1287/mnsc.15.6.B267 (application/pdf)
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:inm:ormnsc:v:15:y:1969:i:6:p:b267-b279
Access Statistics for this article
More articles in Management Science from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().