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Paper Information

Journal:   IRANIAN JOURNAL OF MANAGEMENT STUDIES   spring 2019 , Volume 12 , Number 2; Page(s) 61 To 79.

A Simulation-Optimization Model For Capacity Coordination In Make To Stock/Make To Order Production Environments

Author(s):  Yousefnejad Helia, RABBANI MASOUD*, Manavizadeh Neda
* School of Industrial Engineering, College of Engineering, University of Tehran, Tehran, Iran
Capacity coordination, as the tactical level of hierarchical production planning in hybrid MTS/MTO systems, includes numerous important decisions. In this paper, two of these decisions i. e. finding the best strategy for the acceptance/rejection of incoming orders and determining orders’ due dates – are investigated. Also a simulation model is proposed to evaluate the efficiency of the presented mixed integer model. Finally, an industrial case study is considered in a food processing plant to evaluate the proposed framework and conduct suitable sensitivity analysis.
Keyword(s): Production planning,Make to stock,Make to order,Order Acceptance,Simulation Optimization
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