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Seminar
Department of Systems Engineering and Engineering Management
The Chinese
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Title |
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Balancing Production,
Inventory, and Delivery Costs in Paper Manufacturing |
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Speaker |
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Prof. H.
Neil Geismar |
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Mays Business School, |
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Date |
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Mar. 16, 2012 (Friday) |
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Time |
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4:30p.m.-5:30p.m. |
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Venue |
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Room 513 |
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William M.W. Mong Engineering
Building |
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(Engineering Building Complex Phase 2) |
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CUHK |
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Abstract:
Previous
studies of production planning in the paper industry have focused on the
assignment of orders to different plants and subsequently minimized
production costs. We consider the operations of a single plant that
serves multiple clients by producing paper of various basis weights. A
typical customer’s order contains multiple jobs, each of which specifies
paper of a certain weight and width. The plant combines jobs within
each weight into sets, with no regard to the job’s customer. Costs are reduced by minimizing the
number of sets produced. The high cost of transitions between weights
encourages long production runs at each weight to minimize the number of
transitions. As jobs are completed, they
are released to distribution to schedule their delivery. Deliveries are made by railcars, each of which is dedicated to one customer. Long production runs imply that maximizing railcar utilization requires holding the cars over several days or holding completed jobs within the loading facility. Each of these methods imposes a cost onto the distribution function. We find how distribution can minimize its cost, given production’s schedule. We then consider the problem of minimizing the company’s overall cost of both production and distribution. |
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Biography:
H. Neil Geismar is an
Associate Professor in the |
************************* ALL ARE WELCOME ************************
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Host |
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Prof. Cheng Chun Hung |
Tel |
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(852) 3943-8322 |
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Enquiries |
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Prof. Nan Chen or Prof. Sean X. Zhou |
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Department of Systems Engineering and Engineering
Management |
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CUHK |
Website |
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