Module 8 : Aggregate Production Planning
Modelling Approaches

LP : Definition of Variables
  • r,v = cost /unit produced during regular time and overtime respectively
  • Pt, Ot = units produced during regular time and overtime, respectively
  • H,f = hiring and layoff costs per unit, respectively
  • At, Rt = number of units increased or decreased, respectively, during consecutive periods
  • C = inventory costs [per unit per period
  • Dt = sales forecast
  • Mt, Yt = Available regular time and overtime capacities respectively
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Prof.S.G.Deshmukh & Prof.Arun Kanda