A goal programming inventory control model applied at a large chemical plant

A goal programming inventory control model applied at a large chemical plant

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Article ID: iaor1992298
Country: United States
Volume: 32
Start Page Number: 16
End Page Number: 24
Publication Date: Sep 1991
Journal: Production and Inventory Management Journal
Authors: , ,
Keywords: inventory
Abstract:

A linear goal programming model serves to support production and inventory decision making for a multi-stage, multi-period chemical production process at Haifa Chemicals Ltd. Stochastic effects are approximated and embedded in the constraint set which also includes production and storage capacity constraints, subcontracting, and more.

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