A General Production and Financial Planning Model: Case of a Poultry Integration

We propose a general linear programming formulation for a poultry integration to facilitate decision making in production and financial planning. The formulation is motivated by a medium-size application and by involving practitioners from the industry. It is a realistic and strategic model since we...

Full description

Saved in:
Bibliographic Details
Published in:Arabian journal for science and engineering (2011) 2020-08, Vol.45 (8), p.6803-6820
Main Authors: Satır, Benhür, Yıldırım, Gonca
Format: Article
Language:English
Subjects:
Abattoirs
Chicks
Decision making
Distribution centres
Engineering
Experimentation
Financial planning
Humanities and Social Sciences
Linear programming
multidisciplinary
Planning
Poultry
Research Article-Systems Engineering
Science
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:We propose a general linear programming formulation for a poultry integration to facilitate decision making in production and financial planning. The formulation is motivated by a medium-size application and by involving practitioners from the industry. It is a realistic and strategic model since we incorporate all divisions in a complex poultry integration, (including, but not limited to, feed mill, breeder coops, incubation house, broiler coops, slaughterhouse and distribution centers) as well as the interrelations among these divisions. The horizon we consider is in years, which makes the plan a strategic level plan in this fast-paced industry. Through extensive experimentation with various end-customer demand scenarios, we found out that the quantity of breeder chicks to buy at certain times during the planning horizon is the robust key decision variable in the overall system.
ISSN:2193-567X
1319-8025
2191-4281
DOI:10.1007/s13369-020-04366-0