SEEM5430 Optimal Production Planning

Overview of manufacturing system: resources constraints, cost, planning horizon, and objective of production planning. Deterministic production planning; parallel machine systems, flowshops and jobshops. Dynamic programme equations, zero-inventory policy. Capacity expansion and HMMS model. Stochastic production planning: unreliable machines, Markov Chains, Akella-Kumar theorem and threshold-type policy. Hierarchical production planning.