Skip to main content

2013 | OriginalPaper | Buchkapitel

16. An Optimal Product Mix Decision Model Considering Unit-Batch-Product Level Cost for Steel Plant

verfasst von : Hu-sheng Lu, Guo-qiang Lv

Erschienen in: Proceedings of 2012 3rd International Asia Conference on Industrial Engineering and Management Innovation (IEMI2012)

Verlag: Springer Berlin Heidelberg

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

In recent years, the iron and steel industry’s operation condition has been continuously worsening, profitability reducing, thus the product mix decision (PMD) for the iron and steel enterprises became research focus to reduce manufacturing costs and maximize profits. Taking into account unit-level, batch-level and product-level cost, an integrated model conducting product mix decision for steelmaking, continuous casting and hot rolling (SM-CC-HR) process was proposed in this paper. A numerical example was presented to illustrate data input, solution method and result analysis. By comparing the model with two traditional ones, it was showed that the model attained higher profit and smoother implementation, because it traced the cost appropriately and effectively reduced the volume of left slabs in manufacturing processes and that of left steel products after order-delivery.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
Zurück zum Zitat Balakrishnan J, Chun-hung Cheng (2000) Theory of constraints and linear programming: a re-examination. Int J Prod Res 38(6):1459–1463CrossRef Balakrishnan J, Chun-hung Cheng (2000) Theory of constraints and linear programming: a re-examination. Int J Prod Res 38(6):1459–1463CrossRef
Zurück zum Zitat Baykasoglu A (2009) Quantifying machine flexibility. Int J Prod Res 47(15):4109–4123CrossRef Baykasoglu A (2009) Quantifying machine flexibility. Int J Prod Res 47(15):4109–4123CrossRef
Zurück zum Zitat Bhattacharya A, Vasant P (2007) Soft-sensing of level of satisfaction in TOC product-mix decision heuristic using robust fuzzy-LP. Eur J Oper Res 177:55–70CrossRef Bhattacharya A, Vasant P (2007) Soft-sensing of level of satisfaction in TOC product-mix decision heuristic using robust fuzzy-LP. Eur J Oper Res 177:55–70CrossRef
Zurück zum Zitat Bih-Ru Leaa, Fredendallb LD (2002) The impact of management accounting, product structure, product mix algorithm, and planning horizon on manufacturing performance. Int J Prod Econ 79:279–299CrossRef Bih-Ru Leaa, Fredendallb LD (2002) The impact of management accounting, product structure, product mix algorithm, and planning horizon on manufacturing performance. Int J Prod Econ 79:279–299CrossRef
Zurück zum Zitat Bo-xiong Lan, Nan Jiang, Yan Zheng (2010) A heuristic lot-sizing algorithm for large scale lot-sizing problem (in Chinese). Chin J Manag Sci 18(2):81–88 Bo-xiong Lan, Nan Jiang, Yan Zheng (2010) A heuristic lot-sizing algorithm for large scale lot-sizing problem (in Chinese). Chin J Manag Sci 18(2):81–88
Zurück zum Zitat Hu-sheng Lu, Sen Wu, Bing Liu, Zhen-gang Liu (2004) Maximum profit flow algorithm for optimization of production planning of steel works (in Chinese). Iron Steel 39(3):74–77 Hu-sheng Lu, Sen Wu, Bing Liu, Zhen-gang Liu (2004) Maximum profit flow algorithm for optimization of production planning of steel works (in Chinese). Iron Steel 39(3):74–77
Zurück zum Zitat Karakas E, Koyuncu M, Erol R, Kokangul A (2010) Fuzzy programming for optimal product mix decisions based on expanded ABC approach. Int J Prod Res 48(3):729–744CrossRef Karakas E, Koyuncu M, Erol R, Kokangul A (2010) Fuzzy programming for optimal product mix decisions based on expanded ABC approach. Int J Prod Res 48(3):729–744CrossRef
Zurück zum Zitat Kee R (1995) Integrating activity-based costing with the theory of constraints to enhance production-related decision-making. Account Horiz 9(4):48–61 Kee R (1995) Integrating activity-based costing with the theory of constraints to enhance production-related decision-making. Account Horiz 9(4):48–61
Zurück zum Zitat Kee R, Schmidt C (2000) A comparative analysis of utilizing activity-based costing and the theory of constraints for making product-mix decisions. Int J Prod Econ 3(63):1–17 Kee R, Schmidt C (2000) A comparative analysis of utilizing activity-based costing and the theory of constraints for making product-mix decisions. Int J Prod Econ 3(63):1–17
Zurück zum Zitat Li-xin Tang (2005) Intelligent optimization-based production planning and scheduling in iron and steel industry (in Chinese). Chin J Manag 2(3):263–267 Li-xin Tang (2005) Intelligent optimization-based production planning and scheduling in iron and steel industry (in Chinese). Chin J Manag 2(3):263–267
Zurück zum Zitat Ren-qian Zhang, Yi-yong Xiao (2007) A research on agent-based heuristic production planning of product mix considering build-to-order (in Chinese). Syst Eng Theory Pract 10:54–62 Ren-qian Zhang, Yi-yong Xiao (2007) A research on agent-based heuristic production planning of product mix considering build-to-order (in Chinese). Syst Eng Theory Pract 10:54–62
Zurück zum Zitat Souren R, Ahn H, Schmitz C (2005) Optimal product mix decisions based on the theory of constraints? Exposing rarely emphasized premises of throughput accounting. Int J Prod Res 43(2):361–374CrossRef Souren R, Ahn H, Schmitz C (2005) Optimal product mix decisions based on the theory of constraints? Exposing rarely emphasized premises of throughput accounting. Int J Prod Res 43(2):361–374CrossRef
Zurück zum Zitat Tsaia W-H, Shih-Jieh Hung (2009) A fuzzy goal programming approach for green supply chain optimisation under activity-based costing and performance evaluation with a value-chain structure. Int J Prod Res 47(18):4991–5017CrossRef Tsaia W-H, Shih-Jieh Hung (2009) A fuzzy goal programming approach for green supply chain optimisation under activity-based costing and performance evaluation with a value-chain structure. Int J Prod Res 47(18):4991–5017CrossRef
Zurück zum Zitat Weeks K, Gao H, Alidaeec B, Rana DS (2010) An empirical study of impacts of production mix, product route efficiencies on operations performance and profitability: a reverse logistics approach. Int J Prod Res 48(4):1087–1104CrossRef Weeks K, Gao H, Alidaeec B, Rana DS (2010) An empirical study of impacts of production mix, product route efficiencies on operations performance and profitability: a reverse logistics approach. Int J Prod Res 48(4):1087–1104CrossRef
Zurück zum Zitat Wen-Hsien Tsaia, Kuob L, Linc TW, Yi-Chen Kuod, Yu-Shan Shena (2010) Price elasticity of demand and capacity expansion features in an enhanced ABC product-mix decision model. Int J Prod Res 48(21):6387–6416CrossRef Wen-Hsien Tsaia, Kuob L, Linc TW, Yi-Chen Kuod, Yu-Shan Shena (2010) Price elasticity of demand and capacity expansion features in an enhanced ABC product-mix decision model. Int J Prod Res 48(21):6387–6416CrossRef
Metadaten
Titel
An Optimal Product Mix Decision Model Considering Unit-Batch-Product Level Cost for Steel Plant
verfasst von
Hu-sheng Lu
Guo-qiang Lv
Copyright-Jahr
2013
Verlag
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-642-33012-4_16