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Stochastic operational planning model for production and distribution in a hi-tech manufacturing network

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  • Sandeep Dulluri
  • N.R. Srinivasa Raghavan

Abstract

Hi-tech industries are complex in nature, offering a variety of products, shorter product life-cycles, volatile demand. Hi-tech manufacturers are forced to commit in advance to the customers the amount they can deliver by the specified due-date. In this work, we consider a single manufacturer and multi-assembler supply chain setting with multiple products, multi-period demand, learning rates etc. We develop a stochastic optimisation model, wherein underlying scenarios happen to be Mixed Integer Linear Programs. We solve the stochastic MILPs via by simulation of scenarios. Our focus is mainly on the multi-product ATP strategies that maximise the net profit of the manufacturer.

Suggested Citation

  • Sandeep Dulluri & N.R. Srinivasa Raghavan, 2009. "Stochastic operational planning model for production and distribution in a hi-tech manufacturing network," International Journal of Operational Research, Inderscience Enterprises Ltd, vol. 5(2), pages 163-189.
    • Handle: RePEc:ids:ijores:v:5:y:2009:i:2:p:163-189
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    Cited by:

    1. Marta Pérez-Pérez & Canan Kocabasoglu-Hillmer & Ana María Serrano-Bedia & María Concepción López-Fernández, 2019. "Manufacturing and Supply Chain Flexibility: Building an Integrative Conceptual Model Through Systematic Literature Review and Bibliometric Analysis," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 20(1), pages 1-23, December.

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