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Output planning for material requirements under uncertainty

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Listed:
  • Ballou, Donald P
  • Fisk, John C
  • Ismail, Badr E

Abstract

This paper considers a production planning and control system requiring that, for each work station, a time-phased series of input and output values be estimated. It is assumed that the projected input levels can vary significantly across time periods and that anticipated output levels can be determined by management, subject to limits specified by available manpower and subcontracting. The actual input and output levels for each period depart from the planned levels according to a probability distribution determined empirically. An approach is presented that allows management to evaluate a chosen set of output levels to determine the probability that sufficient amounts of work will be available at a work station each period.

Suggested Citation

  • Ballou, Donald P & Fisk, John C & Ismail, Badr E, 1980. "Output planning for material requirements under uncertainty," Omega, Elsevier, vol. 8(1), pages 47-51.
  • Handle: RePEc:eee:jomega:v:8:y:1980:i:1:p:47-51
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