improving contact lens manufacturing through cost modeling and batch production scheduling optimization

J&J Vision Care (JJVC) uses production scheduling methods that are not fully optimized, causing over-production of certain SKUs, and reducing capacity for other SKUs on backorder. This makes planning a weekly run-schedule for each line difficult. It is also difficult to understand where to invest capital to create an optimally flexible fleet of production lines. JJVC is currently capacity-constrained, so optimizing the production to increase output will directly translate to additional revenue. The three main areas that the leadership team wants to explore in this project are: 1. What is our current fleet flexibility? 2. How much capacity can be freed up if our fleet was more flexible? 3. Can we create a cost modeling tool that will provide more granularity in brand and sales channel profitability? First, the brands and SKUs on each line that are "validated" to run (by FDA, etc.) must be quantified.

Name thesis:degree_name

Master

Department dc:contributor.department

Sloan School of Management

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2019

Author dc:creator

• Freiheit, Andrew J.

Advisor dc:contributor.advisor

• Brian W. Anthony and Sean P. Willems.

• Sloan School of Management.
• Mechanical Engineering.
• Leaders for Global Operations Program.

Statement dc:rights

• MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/122592

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/122592