An interactive decision framework for multiple objective production planning |
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Authors: | H S LEWIS J R SWEIGART R E MARKLAND |
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Affiliation: | 1. The Smeal College of Business Administration, The Pennsylvania State University , 303 Beam Business Administration Building, University Park, PA, 16802;2. Management Science Department , College of Business Administration, University of South Carolina , Columbia, SC, 29208 |
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Abstract: | The formation of realistic implementable medium-range production plans requires explicit recognition of the multiple conflicting objectives of production planning. However, suggested applications of multiobjective optimization to production planning have been limited to goal programming procedures which fail to capitalize on the intrinsic flexibility of a multiobjective model. Alternatively, interactive multiobjective solution techniques could be used to allow planners to enhance decision making without excessive computational effort. This study describes an interactive multiple objective decision framework and evaluates its effectiveness via a multiobjective capacitated lot sizing model based on a real manufacturing facility. The results suggest that this approach is an effective solution strategy and useful decision aid for complex production planning problems. |
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