Decision Support System for Brick Production Factory using Economic Production Lot Size Model

Abstract

In this paper, an economic production quantity model is developed for a production–inventory system where the demand rate increases with time; the production rate is finite and adjustable in each cycle over an infinite planning horizon. The model is formulated taking the demand rate as a general increasing function of time and the optimal production policy is obtained for the special case of a linearly increasing demand rate. In manufacturing sectors, it is important to make plans for producing products with costs effective and on the other hand, to meet the customer demands. A procedure to find approximately the minimum total cost of the system over a finite time horizon is suggested. This paper describes the work done o n the development o f a decision support system for brick production factory using an economic production lot size problem . The decision support system thus developed for inventory control is expected to assist brick production manager in decision making regarding production plan and to minimize total variables cost for inventory over a specified time period.