Linear programming model for production costminimization at a rice crop products manufacturer

Companies in general must establish processes that generate profitabil-ity at lower costs. Manufacturing of rice crop protection products requires majorinvestments and resource planning, including infrastructure, raw materials, tech-nology, human resources, tests and trials, among others, which repr...

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Autores:
Coronado-Hernández, Jairo R.
Olarte Jiménez, Leonardo J
Herrera Fontalvo, Zulmeira
Cómbita Niño, Johana
Tipo de recurso:
Article of journal
Fecha de publicación:
2021
Institución:
Corporación Universidad de la Costa
Repositorio:
REDICUC - Repositorio CUC
Idioma:
eng
OAI Identifier:
oai:repositorio.cuc.edu.co:11323/9230
Acceso en línea:
https://hdl.handle.net/11323/9230
https://doi.org/10.1007/978-3-030-86702-7_29
https://repositorio.cuc.edu.co/
Palabra clave:
Lineal programming
Rice crop
Production
Cost reduction
Production planning
Rights
embargoedAccess
License
© 2021 Springer Nature Switzerland AG
Description
Summary:Companies in general must establish processes that generate profitabil-ity at lower costs. Manufacturing of rice crop protection products requires majorinvestments and resource planning, including infrastructure, raw materials, tech-nology, human resources, tests and trials, among others, which represents a majorchallenge. This paper proposes a methodology that aims to minimize productioncosts taking different factors into consideration. The first section identifies anddescribes the variables required for modeling. In the second section a linear pro-gramming model is formulated to determine the optimal function in terms of costreduction. Lastly, the model was applied at a real company, producing satisfactoryresults in terms of an improved production plan and an 11% cost reduction, whileenabling viewing the variables with greatest impact, such as storage and shift pro-gramming, with cost reductions of 68% and 44%, respectively. The purpose is toassist companies in this industry in applying mathematical programming modelsto solve problems and enable better resource planning to improve profitability