Title :
A decision support system for multilocation plant sizing and timing problems
Author :
Kulkarni, Rahul V. ; Mohanty, Ram Prasad
Author_Institution :
Nat. Inst. for Training in Ind. Eng., Bombay
Abstract :
Summary form only given. The authors present a DSS (decision support system) for multilocation plant sizing and timing problems (MLPSTPs) using the hierarchical decomposition-based optimization method as a model base, which may be amenable to distributed designs for DSS. MLPSTPs deal with the determination of optimal size, location, time phasing, and the utilization of the plants in order to meet the growing demands of geographically distributed customers. The objective function is normally taken as minimization of net present worth of capital costs plus streams of operating and transportation costs. MLPSTP are strategic planning problems with a long planning horizon, and their decisions affect the overall ability of a firm to meet the changes in demand, technology, and product lines
Keywords :
decision support systems; capital costs; decision support system; distributed designs; hierarchical decomposition; multilocation plant sizing; net present worth; objective function; operating costs; optimal size; optimization method; plant timing; product lines; strategic planning problems; time phasing; transportation costs; Cost function; Decision making; Decision support systems; Industrial engineering; Industrial training; Meeting planning; Strategic planning; Technology planning; Timing; Transportation;
Conference_Titel :
Technology Management : the New International Language
Conference_Location :
Portland, OR
Print_ISBN :
0-7803-0161-7
DOI :
10.1109/PICMET.1991.183666
