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Optimizing Production Planning Decisions for Efficient Operations

Explore the hierarchy of production planning decisions, analyzing costs, workforce size changes, inventory management, and aggregate planning strategies. Learn how to derive linear decision rules from quadratic cost functions.

nasim-howard
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Optimizing Production Planning Decisions for Efficient Operations

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  1. Chapter Three Aggregate Planning

  2. The Hierarchy of Production Planning Decisions Fig. 3-1

  3. Cost of Changing the Size of the Workforce Fig. 3-2

  4. Holding and Back-Order Costs $ Cost Slope = Ci Slope = CP Back-orders Positive inventory Inventory Fig. 3-3

  5. A Feasible Aggregate Plan for Densepack Fig. 3-4

  6. A Convex Piecewise-Linear Function Fig. 3-5

  7. Convex Piecewise-Linear Hiring Cost Function Fig. 3-6

  8. Quadratic Cost Functions Used in Deriving the Linear Decision Rule Fig. 3-7

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