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3207. Flexible production planning using BoM structure and time-varying demand objectives
Invited abstract in session MC-49: Lot-sizing with industrial applications I, stream Lot Sizing, Lot Scheduling and Production Planning.
Monday, 12:30-14:00Room: M1 (building: 101)
Authors (first author is the speaker)
| 1. | Yasmin Roshandel
|
| Analytics & Optimisation, VU Amsterdam |
Abstract
This research addresses the production planning challenges inherent in the bicycle manufacturing industry, focusing on the optimization of bicycle production with demand deadlines. Our approach uses a time-dependent bill of material (BoM) structure, considering the availability of components to meet daily production capacities, guided by forecasted monthly demand objectives. The planning horizon spans six months, requiring solutions that balance quality and computational complexity. Leveraging techniques from integer linear programming and heuristics, we aim to efficiently generate production plans for different types of bicycles composed of many different components. Our methodology uses a multi-ranking system to select bicycles to produce so that we balance demand, producibility, and planning complexity. This strategy fits with the unpredictable nature of the bicycle market, enabling quick responses to updated demand forecasts while maintaining planning robustness.
Keywords
- Optimization Modeling
- Programming, Mixed-Integer
- Supply Chain Management
Status: accepted
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