Abstract

One of the most important decisions made in production systems is determining the product mix in such a way that maximum throughput would be obtained. Several algorithms to determine the product mix under the theory of constraints (TOC) have been developed. In this paper, the inefficiency of the traditional TOC algorithm in handling the multiple bottleneck problem is discussed through an example. Then, the latest algorithm and its disadvantages will be discussed and an improved algorithm, which is much more efficient and can reach the optimum solution with considerable speed, will be presented. Finally, the improved algorithm and the integer linear programming (ILP) method will be compared with each other through the example.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.