An Advanced Resource Planning model is presented to support optimal lot size decisions for performance improvement of a production system in terms of either delivery time or setup related costs. Based on a queueing network, a model is developed for a mix of multiple products following their own...

An advanced decision support system is presented to answer aggregate planning questions regarding the trade-off between demand (product-mix) and supply (capacity) in a multi period stochastic setting. This tool improves the effectiveness and efficiency of sales and operation planning meetings by...