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Simulation Testing of Aggregate Production Planning Models in an Implementation Methodology

Authors :
Basheer M. Khumawala
William B. Lee
Source :
Management Science. 20:903-911
Publication Year :
1974
Publisher :
Institute for Operations Research and the Management Sciences (INFORMS), 1974.

Abstract

The planning of production, inventories, and work force at an aggregate level to respond to fluctuating demands on a production system has received substantial theoretical treatment in the literature for several years. However, widespread implementation of the available analytical techniques has not occurred. The objectives of this research are to explore this implementation problem: (1) by developing a simulation model of an operating firm, (2) by using this simulation to compare the performance of aggregate production planning models, and (3) by formulating a generalized methodology for implementing quantitative planning models into the decision procedures of operating firms.

Details

ISSN :
15265501 and 00251909
Volume :
20
Database :
OpenAIRE
Journal :
Management Science
Accession number :
edsair.doi.dedup.....e03c11066930ca0eed799700513e6c9a
Full Text :
https://doi.org/10.1287/mnsc.20.6.903