Cutting down trim-loss for competitive advantage: A Singaporean company’s experience

Cutting down trim-loss for competitive advantage: A Singaporean company’s experience

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Article ID: iaor1992537
Country: United Kingdom
Volume: 42
Issue: 8
Start Page Number: 649
End Page Number: 654
Publication Date: Aug 1991
Journal: Journal of the Operational Research Society
Authors: ,
Keywords: heuristics
Abstract:

This paper concerns a study of the cutting-stock problem faced by a small company in the building components industry in Singapore. It involves the development of a simple heuristic procedure which is able to recommend cutting patterns tailored to the specific needs of the company. To help determine the appropriate stock lengths to order, a simulation-cum-sampling approach is proposed. The pattern-generating heuristic has been tested using real-life project data. The results obtained are very encouraging in that the goals set by the management of the firm are met well within the numerous constraints faced.

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