An Algorithm for Production Planning Based on Supply Chain KPIs
Keywords:
production planning, stock cover, customer service level, heuristic algorithmAbstract
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.
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