A New Decision Model for Reducing Trim Loss and Inventory in the Paper Industry

Fu-Kwun Wang and Feng-Tai Liu

Journal of Applied Mathematics, 2014, vol. 2014, issue 1

Abstract: In the paper industry, numerous studies have explored means of optimizing order allocation and cutting trim loss. However, enterprises may not adopt the resulting solutions because some widths of the inventory exceed or are less than those required for acceptable scheduling. To ensure that the results better suit the actual requirements, we present a new decision model based on the adjustment of scheduling and limitation of inventory quantity to differentiate trim loss and inventory distribution data. Differential analysis is used to reduce data filtering and the information is valuable for decision making. A numerical example is presented to illustrate the applicability of the proposed method. The results show that our proposed method outperforms the manual method regarding scheduling quantity and trim loss.

Date: 2014
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https://doi.org/10.1155/2014/987054

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Persistent link: https://EconPapers.repec.org/RePEc:wly:jnljam:v:2014:y:2014:i:1:n:987054

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