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Optimizing Production Planning Decisions for Efficient Operations

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Explore the hierarchy of production planning decisions, analyzing costs, workforce size changes, inventory management, and aggregate planning strategies. Learn how to derive linear decision rules from quadratic cost functions.

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Optimizing Production Planning Decisions for Efficient Operations

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  1. Chapter Three Aggregate Planning

  2. The Hierarchy of Production Planning Decisions Fig. 3-1

  3. Cost of Changing the Size of the Workforce Fig. 3-2

  4. Holding and Back-Order Costs $ Cost Slope = Ci Slope = CP Back-orders Positive inventory Inventory Fig. 3-3

  5. A Feasible Aggregate Plan for Densepack Fig. 3-4

  6. A Convex Piecewise-Linear Function Fig. 3-5

  7. Convex Piecewise-Linear Hiring Cost Function Fig. 3-6

  8. Quadratic Cost Functions Used in Deriving the Linear Decision Rule Fig. 3-7

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