Managing partially controllable raw material acquisition and outsourcing in production planning
Document Type
Article
Publication Date
3-1-2010
Abstract
This paper studies a single-item production planning problem for a manufacturing firm. Besides being able to acquire raw material from an external supplier, the firm may also face an incoming stream of internally supplied raw material. In addition, outsourcing may serve as an alternative to in-house production for the firm to satisfy its demands. Attention is focused on the case where acquisition, production, and outsourcing costs are setup-linear and inventory holding costs are linear. For this case, polynomial algorithms are presented for some situations and the NP-hardness of other problem is shown. A computational study is used to show the competitiveness of the proposed heuristic. [Supplementary materials are available for this article. Go to the publisher's online edition of IIE Transactions for the following free supplemental resource: Appendix] © 2010 "IIE".
Identifier
77649310471 (Scopus)
Publication Title
IIE Transactions Institute of Industrial Engineers
External Full Text Location
https://doi.org/10.1080/07408170903232555
e-ISSN
15458830
ISSN
0740817X
First Page
188
Last Page
202
Issue
3
Volume
42
Recommended Citation
Yang, Jian and Qi, Xiangtong, "Managing partially controllable raw material acquisition and outsourcing in production planning" (2010). Faculty Publications. 6371.
https://digitalcommons.njit.edu/fac_pubs/6371
