| Author | Uy, Ernesto Tan |
| Call Number | AIT RSPR no. IE-86-2 |
| Subject(s) | Product management--Linear programming
|
| Note | A research study submitted in partial fulfillment of the
requirements for the degree of Master of Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Abstract | By creatively modifying some of the assumptions, and adding
some new features, the application of the linear programming
product mix optimization model was extended to include the
determination of the corresponding optimal mix of resources.
Such type of formulation popularized as "De Novo " by Zeleny has:.
been found to be versatile and applicable in numerous situations.
The research was therefore undertaken to explore the usage of de novo in various business settings .
For companies in operation with existing facilities limiting
production out put, de nova can be used to determine the best mix
of raw materials and end products. Prices of these resources and
outputs do not have to be constant . Applied with step function
formulation, de nova can serve as a useful decision making guide
on whet her or not additional costs are tolerable and whether
opportunities in the for m of decreasing costs are really
beneficial to the system. The methodology also blends well with
multicriteria decision analysis, being capable of determining
minimum resource requirement for achieving a se t of target goa ls.
For establishment or expansion projects, the concepts of De Novo
and capital budgeting can be used to determine the best mix of
facilities to be acquired.
Finally, de novo has specific characteristics leading to a
heuristic algorithm for resource and product mix optimization.
Such findings, with further testing, validation and improvements,
can simplify the use of the linear programming product mix
optimization models.
|
| Year | 1986 |
| Type | Research Study Project Report (RSPR) |
| School | School of Engineering and Technology (SET) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Tabucanon, Mario T.
|
| Examination Committee(s) | Oudheusden, Dirk L. van ;Tang, John C.S.
|
| Scholarship Donor(s) | The Ki ng• s (Royal Thai Government)
Scholarship |
| Degree | Research Studies Project Report (M. Eng.) - Asian Institute of Technology, 1986 |