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- W2908860614 abstract "A mixed integer linear programming (MILP) model for production planning in garment industry is developed. The model considers capacity and financial planning decisions for mixed make-to-order (MTO)/make-to-stock (MTS) environment when demand exhibits predictable fluctuations. In the literature, existing models present little focus for capacity distribution between MTO and MTS products along with the effect of the cash availability on the production decisions. The developed model is applied to a real-life case study in Egypt, and the sensitivity of the results are analyzed. The model was very sensitive to the increases in the fabric prices and subcontracting costs while the overall net profits were not significantly affected by the changes in the inventory holding costs. The amount of MTS production increases with cash availability; while partitioning the capacity to 60% and 40% for MTO and MTS products respectively proved to be the best option and found to have a significant contribution on the revenues and in maintaining financial stability." @default.
- W2908860614 created "2019-01-25" @default.
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- W2908860614 date "2018-12-01" @default.
- W2908860614 modified "2023-10-18" @default.
- W2908860614 title "Optimizing Production and Inventory Decisions for Mixed Make-to-order/Make-to-stock Ready-made Garment Industry" @default.
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- W2908860614 doi "https://doi.org/10.1109/ieem.2018.8607516" @default.
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