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Title: | An optimization based decision support system for strategic and operational planning with in-process industries: case of pharmaceuticals industry in India |
Authors: | Dutta, Goutam Fourer, Robert Dutta, Debabrata Majumdar, Akhilesh |
Keywords: | Optimization;Manufacturing;Process Industries;Decision Support Systems;Pharmaceuticals |
Issue Date: | 29-Oct-2007 |
Abstract: | We describe how a generic multi-period optimization-based decision support system (DSS) can be used for strategic planning in process industries. The DSS is built on five fundamental elements—materials, facilities, activities, storage areas, and time periods. It requires little direct knowledge of optimization techniques to be used effectively. Results based on real data from an aluminium company in India demonstrate significant potential for improvement in profits. We conclude with a comparison of similar studies in two other process industries. |
Description: | Dutta, Goutam et al. (March 2007) An optimization based decision support system for strategic and operational planning with in-process industries: case of pharmaceuticals industry in India, International Journal of Production Economics, Vol. 106(1), Pp. 92-103 |
URI: | http://hdl.handle.net/11718/10086 |
Appears in Collections: | Journal Articles |
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