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Maximising return on investment (ROI) for pharmaceutical production

Author

Listed:
  • Sameh A. Ibrahim
  • Noha A. Mostafa

Abstract

Production scheduling tools close the gap between ERP/MRP II tools and the plant floor. Simulation can be used to generate production schedules on an ongoing basis in a way that does not violate constraints related to the limited availability. In this paper, the process of tablet manufacturing in a pharmaceutical production plant is studied, first the full process is described and mapped, and then a process simulation is run. Based on the simulation results, statistical analysis is performed; the data is fitted by using regression analysis. Design of experiment (DOE) analysis is performed on the process to try many different combinations of resource levels automatically, and finally analysis of variance (ANOVA) is performed to select infeasible products that can be excluded from future production plans, this will have a positive effect on the return on investment for the organisation.

Suggested Citation

  • Sameh A. Ibrahim & Noha A. Mostafa, 2011. "Maximising return on investment (ROI) for pharmaceutical production," International Journal of Manufacturing Technology and Management, Inderscience Enterprises Ltd, vol. 24(1/2/3/4), pages 167-181.
    • Handle: RePEc:ids:ijmtma:v:24:y:2011:i:1/2/3/4:p:167-181
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