Multi-objective, multi-period planning for a manufacturing plant

This paper aims at introducing a formalized description of work in an industrial enterprise and using it for laying out optimal multi-period economic plans. In that description basic input and output variables, relations and connections with environment, all important technological dependencies and decision functions can be taken into consideration.

Industrial enterprises differ, for instance in size, assortment of production etc. We want to derive a solution useful for varied types of enterprises and that is why we introduce the concept of the manufacturing plant.

A new interactive hierarchical dynamic programming technique, briefly described in the paper, is applied to the solution of the problem. An example problem is formulated and solved with the following objectives taken into consideration: (i) minimization of utilization of deficit materials, (ii) maximization of production size, and (iii) maximization of profits.

We consider multi-objective, multi-period planning in the manufacturing plant as a deterministic problem.