WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 20, 2023
Production Planning Through Multi-Objective De Novo Programming with Variable Prices
Authors: , ,
Abstract: This paper presents a novel multi-objective De Novo programming approach developed to address production planning problems. The proposed model incorporates increasing costs or quantity discounts for certain raw materials which were not considered in previous approaches presented in scientific literature. The efficiency of the proposed methodology was tested using a bakery production planning example. The multi-objective De Novo programming model was solved using various multi-objective programming approaches: the original De Novo programming approach, several goal programming approaches, and the global criterion method. The results indicate the successful application of the proposed methodology in solving production planning problems, with no significant difference in the efficiency of the applied multi-objective programming methods.
Search Articles
Pages: 1581-1599
DOI: 10.37394/23207.2023.20.139