Model of Adaptable Production Planning and Control
Science Journal of Business and Management
Volume 2, Issue 5, October 2014, Pages: 153-162
Received: Oct. 6, 2014; Accepted: Oct. 28, 2014; Published: Oct. 30, 2014
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Author
Borislav Gordic, MIRAKO Co., Draskoviceva 57, Zagreb, University NORTH - University Center Varazdin, Department of Logistic, Varazdin, Croatia
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Abstract
In research of a model of production planning and control that can adapt to changes, disturbances and risks a model of adaptable optimization, called discrete corrective dynamizing optimization, was created. The model is created on the basis of dynamic programming to which is added the model of corrective optimization by simulation with the criteria defined in the initial and corrective part of the optimization. The effectiveness of a model of discrete corrective dynamizing programming was tested in relation to three other models of production programming. Testing has shown that the smallest deviations of the product quantities were obtained by applying the model of discrete corrective dynamizing optimization. It was also shown that the difference in the realized profit rate as the optimization criterion in relation to actual results was negligible in all testing conditions-variants. This is also a proof that with the use of corrective optimization a possible optimum can be achieved, with maximum adjustment to changes.
Keywords
Discrete Corrective Dynamizing Programming, Production Adaptability, Software for Simulation, Profit Rate, Flexible Planning and Production Control, Make-to-Stock and Make-to-Order Batch Production
To cite this article
Borislav Gordic, Model of Adaptable Production Planning and Control, Science Journal of Business and Management. Vol. 2, No. 5, 2014, pp. 153-162. doi: 10.11648/j.sjbm.20140205.16
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