Abstract: Product Lead Time (PLT) is the period of time from
receiving a customer's order to delivering the final product. PLT is an
indicator of the manufacturing controllability, efficiency and
performance. Due to the explosion in the rate of technological
innovations and the rapid changes in the nature of manufacturing
processes, manufacturing firms can bring the new products to market
quicker only if they can reduce their PLT and speed up the rate at
which they can design, plan, control, and manufacture. Although
there is a substantial body of research on manufacturing relating to
cost and quality issues, there is no much specific research conducted
in relation to the formulation of PLT, despite its significance and
importance. This paper analyzes and formulates PLT which can be
used as a guideline for achieving the shorter PLT. Further more this
paper identifies the causes of delay and factors that contributes to the
increased product lead-time.
Abstract: The Aggregate Production Plan (APP) is a schedule of
the organization-s overall operations over a planning horizon to
satisfy demand while minimizing costs. It is the baseline for any
further planning and formulating the master production scheduling,
resources, capacity and raw material planning. This paper presents a
methodology to model the Aggregate Production Planning problem,
which is combinatorial in nature, when optimized with Genetic
Algorithms. This is done considering a multitude of constraints of
contradictory nature and the optimization criterion – overall cost,
made up of costs with production, work force, inventory, and
subcontracting. A case study of substantial size, used to develop the
model, is presented, along with the genetic operators.