7th North American International Conference on Industrial Engineering and Operations Management

LP And LDR Model of Aggregate Production Planning (APP): Inclusion of Aggregate Shortage

R.R.K. Sharma & KK Lai
Publisher: IEOM Society International
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Track: Production Planning and Management
Abstract

In this paper we give a procedure to allow aggregate shortages in the context of LP approach to APP. We give two approaches to handle this. It will be worthwhile to explore which approach is better (equation (12) for handling shortages or equation (15)?). An experimental investigation is underway to establish the same. In the next part of the paper we give how to handle shortages in the LDR (Linear Decision Rule) model of APP. The concept of aggregate shortage also; and give two ways to handle the same in the context of LP approach to APP. On similar lines we give a procedure that enables introduction of aggregate shortages in the LDR model of APP also. This is a useful contribution we make.


Keywords
Aggregate Production, LP Based Approach, LDR Based Approach to APP, Aggregate Shortage

Published in: 7th North American International Conference on Industrial Engineering and Operations Management, Orlando, USA

Publisher: IEOM Society International
Date of Conference: June 11-14, 2022

ISBN: 978-1-7923-9158-3
ISSN/E-ISSN: 2169-8767