An Algorithm for Production Planning Based on Supply Chain KPIs

  • Dragana Makajić-Nikolić University of Belgrade, Faculty of Organizational Sciences Serbia, 11000, Belgrade, Jove Ilića 154
  • Sladjan Babarogić University of Belgrade, Faculty of Organizational Sciences Serbia, 11000, Belgrade, Jove Ilića 154
  • Danica Lečić-Cvetković University of Belgrade, Faculty of Organizational Sciences Serbia, 11000, Belgrade, Jove Ilića 154
  • Nikola Atanasov University of Belgrade, Faculty of Organizational Sciences Serbia, 11000, Belgrade, Jove Ilića 154

Abstract

This paper observe multi-period multi-product production planning problem in make-to-stock production environment with limited production capacity. Such problem is identified in Fast Moving Consumer Goods industry. The goal was to develop an algorithm for supporting dynamic production triggering decisions in relation with two supply chain key performance indicators: stock cover and customer service level. The presented approach is applied to a real example in several scenarios based on different decision criteria.

References

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Published
2014-11-01
How to Cite
MAKAJIĆ-NIKOLIĆ, Dragana et al. An Algorithm for Production Planning Based on Supply Chain KPIs. INTERNATIONAL JOURNAL OF COMPUTERS COMMUNICATIONS & CONTROL, [S.l.], v. 9, n. 6, p. 711-720, nov. 2014. ISSN 1841-9844. Available at: <http://univagora.ro/jour/index.php/ijccc/article/view/1476>. Date accessed: 13 july 2020. doi: https://doi.org/10.15837/ijccc.2014.6.1476.

Keywords

production planning, stock cover, customer service level, heuristic algorithm