Multi - period optimization based decision support system for strategic and operations planning

dc.contributor.author	Dutta, Goutam
dc.contributor.author	Fourer, Robert
dc.date.accessioned	2009-12-12T10:29:55Z
dc.date.available	2009-12-12T10:29:55Z
dc.date.copyright	1999-09
dc.date.issued	2009-12-12T10:29:55Z
dc.identifier.uri	http://hdl.handle.net/11718/584
dc.description.abstract	We discuss how a generic multi-period optimization based decision support system (DSS) can be used for strategic and operational planning in a company with five fundamental elements, namely, Materials, Facilities, Activities, Times and Storage-Areas. This DSS which optimizes the company s activities over multiple-time horizon, having a multi-material, multi-facility, multi-activity system, requires little or no managerial knowledge of optimization techniques. This is the first reported attempt of an optimization based DSS in an integrated steel company in the USA with real world data. The result demonstrates significant profit and revenue improvement potential.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;99-09-06/1545
dc.subject	Decision support system	en
dc.subject	Strategic planning	en
dc.subject	Optimization model	en
dc.subject	Multiple criteria decision making	en
dc.title	Multi - period optimization based decision support system for strategic and operations planning	en
dc.type	Working Paper	en