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The Prospect Award 1980: On-Line Mixture Calculation System for Stainless Steel Production by BSC Stainless: The Least Through Cost Mix System (LTCM)

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Journal of the Operational Research Society

Abstract

A manufacturing industry with a raw materials bill of approximately £60 million per annum was faced with the problem of finding the best way of purchasing and using its raw materials to obtain operating and cost gains. This paper describes design and implementation of the system, which provides a 24 hour on-demand computer service that is run on a routine day-to-day basis as an integral part of the manufacturing process.

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Authors and Affiliations

  1. British Steel Corporation Head Office,

    D. W. Sutton & P. A. Coates

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  1. D. W. Sutton
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  2. P. A. Coates
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Sutton, D., Coates, P. The Prospect Award 1980: On-Line Mixture Calculation System for Stainless Steel Production by BSC Stainless: The Least Through Cost Mix System (LTCM). J Oper Res Soc 32, 165–172 (1981). https://doi.org/10.1057/jors.1981.39

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  • DOI: https://doi.org/10.1057/jors.1981.39

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