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The purpose of this paper is to develop a new linear

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Reference no: EM13347057

The purpose of this paper is to develop a new linear programming for an aggregate production planning of flat panel display. Here the objective function of LP model is to minimize the total cost of production in terms of several variables: demand planning, workforce planning, minimizing inventory holding cost, the inventory balance etc. below is the details:

Linear programming applied to Aggregate Production Planning of Flat Screen Monitor

Abstract

1. Introduction

2. Linear Programming Model Formulation

  • Problem Definition and Translation
  • Setting Parameters and Selecting Decision Variables
  • Linear Programming Model

   2.2 Gather Data

   2.3 Optimize Solution

   2.4 Validate & Test Model (LP output against factory cost, level production strategy, chase demand strategy and mixed strategy)

   2.5 Implement Results

3. Conclusion

4. References (IEEE, ScienceDirect, Elsevier, Springer etc.)

5. Appendix (any further mathematical calculations or Matlab programming codes)

6. Research for PhD level

Referencing styles: APA Style

Reference no: EM13347057

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