Abstract
The increasing pressure to innovate requires that products are replaced by successor products at ever shorter intervals. Manufacturing companies are therefore increasingly faced with the planning of product phase-outs. A central question in the planning of phase-outs is how many units of the discontinued products should still be manufactured before their fabrication is ceased. At Leica Geosystems, a production company in the surveying industry, this decision-making process takes place in dedicated interdepartmental planning meetings. In this paper, we describe a Decision Support System that enables the management to develop different phase-out scenarios, compare them with each other, and thus make informed planning decisions.
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Notes
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Measured under Microsoft ® Windows® 10 using the Matlab® 2020a MILP solver on Intel® Core TM i7 CPU@1.9 GHz.
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Leuthold, F., Hügel, K., Mörl, O., Tiemessen, H. (2022). A Decision Support System to Optimize Production Quantities with Respect to Product Phase-Out Costs. In: Trautmann, N., Gnägi, M. (eds) Operations Research Proceedings 2021. OR 2021. Lecture Notes in Operations Research. Springer, Cham. https://doi.org/10.1007/978-3-031-08623-6_12
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DOI: https://doi.org/10.1007/978-3-031-08623-6_12
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