Linear optimization model for fish processing production planning
The fishing industry feature a fast paced and ever-changing environment wherein recent years major developments of high-tech equipment’s have occurred in the processing sector resulting in a wider range of product possibilities as well as increasing production capacity. This paper attempts to show that optimization model and sensitivity analysis can be beneficial as a decision making tool for production manager in this fast paced environment. The paper proposes a linear optimization model that can be used as a decision aid for one-day production planning. The Net Profit Contribution is maximized subject to raw material requirements, machine time requirements, orders, and contracts. The model was tested and validated using real data from a typical processing day at a vertically integrated fishery in Iceland. Keywords: Linear programming, Product mix, Production planning, Fish processing
Rekstrarverkfræði, Meistaraprófsritgerðir, Bestun, Fiskvinnsla, Tækni- og verkfræðideild, School of Science and Engineering
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