A generic materials and operations planning approach for inventory turnover optimization in the chemical industry

Chemical industries usually involve continuous and large-scale production processes that require demanding inventory control systems. This paper aims to show the results of the implementation of a mixed-integer programming model (MIP) based on the Generic Materials and Operations Planning Problem (G...

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Autores:
Coronado-Hernández, Jairo R.
Romero-Conrado, Alfonso R.
Ochoa-González, Olmedo
Quintero-Arango, Humberto
Vargas, Ximena
Gatica, Gustavo
Tipo de recurso:
http://purl.org/coar/resource_type/c_816b
Fecha de publicación:
2020
Institución:
Corporación Universidad de la Costa
Repositorio:
REDICUC - Repositorio CUC
Idioma:
eng
OAI Identifier:
oai:repositorio.cuc.edu.co:11323/6850
Acceso en línea:
https://hdl.handle.net/11323/6850
https://doi.org/10.1007/978-3-030-47679-3_12
https://repositorio.cuc.edu.co/
Palabra clave:
Inventory turnover
Production planning
GMOP
Fertilizers
Chemical industry
Optimization
Rights
openAccess
License
CC0 1.0 Universal
id RCUC2_d34ab21a2902dca92df52e810dea3d4f
oai_identifier_str oai:repositorio.cuc.edu.co:11323/6850
network_acronym_str RCUC2
network_name_str REDICUC - Repositorio CUC
repository_id_str
dc.title.spa.fl_str_mv A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
title A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
spellingShingle A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
Inventory turnover
Production planning
GMOP
Fertilizers
Chemical industry
Optimization
title_short A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
title_full A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
title_fullStr A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
title_full_unstemmed A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
title_sort A generic materials and operations planning approach for inventory turnover optimization in the chemical industry
dc.creator.fl_str_mv Coronado-Hernández, Jairo R.
Romero-Conrado, Alfonso R.
Ochoa-González, Olmedo
Quintero-Arango, Humberto
Vargas, Ximena
Gatica, Gustavo
dc.contributor.author.spa.fl_str_mv Coronado-Hernández, Jairo R.
Romero-Conrado, Alfonso R.
Ochoa-González, Olmedo
Quintero-Arango, Humberto
Vargas, Ximena
Gatica, Gustavo
dc.subject.spa.fl_str_mv Inventory turnover
Production planning
GMOP
Fertilizers
Chemical industry
Optimization
topic Inventory turnover
Production planning
GMOP
Fertilizers
Chemical industry
Optimization
description Chemical industries usually involve continuous and large-scale production processes that require demanding inventory control systems. This paper aims to show the results of the implementation of a mixed-integer programming model (MIP) based on the Generic Materials and Operations Planning Problem (GMOP) for optimizing the inventory turnover in a fertilizer company. Results showed significant improvements for Inventory Turnover Ratios and overall costs when compared with an empirical production planning method.
publishDate 2020
dc.date.accessioned.none.fl_str_mv 2020-07-28T00:01:42Z
dc.date.available.none.fl_str_mv 2020-07-28T00:01:42Z
dc.date.issued.none.fl_str_mv 2020
dc.type.spa.fl_str_mv Pre-Publicación
dc.type.coar.spa.fl_str_mv http://purl.org/coar/resource_type/c_816b
dc.type.content.spa.fl_str_mv Text
dc.type.driver.spa.fl_str_mv info:eu-repo/semantics/preprint
dc.type.redcol.spa.fl_str_mv http://purl.org/redcol/resource_type/ARTOTR
dc.type.version.spa.fl_str_mv info:eu-repo/semantics/acceptedVersion
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status_str acceptedVersion
dc.identifier.uri.spa.fl_str_mv https://hdl.handle.net/11323/6850
dc.identifier.doi.spa.fl_str_mv https://doi.org/10.1007/978-3-030-47679-3_12
dc.identifier.instname.spa.fl_str_mv Corporación Universidad de la Costa
dc.identifier.reponame.spa.fl_str_mv REDICUC - Repositorio CUC
dc.identifier.repourl.spa.fl_str_mv https://repositorio.cuc.edu.co/
url https://hdl.handle.net/11323/6850
https://doi.org/10.1007/978-3-030-47679-3_12
https://repositorio.cuc.edu.co/
identifier_str_mv Corporación Universidad de la Costa
REDICUC - Repositorio CUC
dc.language.iso.none.fl_str_mv eng
language eng
dc.rights.spa.fl_str_mv CC0 1.0 Universal
dc.rights.uri.spa.fl_str_mv http://creativecommons.org/publicdomain/zero/1.0/
dc.rights.accessrights.spa.fl_str_mv info:eu-repo/semantics/openAccess
dc.rights.coar.spa.fl_str_mv http://purl.org/coar/access_right/c_abf2
rights_invalid_str_mv CC0 1.0 Universal
http://creativecommons.org/publicdomain/zero/1.0/
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.publisher.spa.fl_str_mv Corporación Universidad de la Costa
institution Corporación Universidad de la Costa
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spelling Coronado-Hernández, Jairo R.Romero-Conrado, Alfonso R.Ochoa-González, OlmedoQuintero-Arango, HumbertoVargas, XimenaGatica, Gustavo2020-07-28T00:01:42Z2020-07-28T00:01:42Z2020https://hdl.handle.net/11323/6850https://doi.org/10.1007/978-3-030-47679-3_12Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/Chemical industries usually involve continuous and large-scale production processes that require demanding inventory control systems. This paper aims to show the results of the implementation of a mixed-integer programming model (MIP) based on the Generic Materials and Operations Planning Problem (GMOP) for optimizing the inventory turnover in a fertilizer company. Results showed significant improvements for Inventory Turnover Ratios and overall costs when compared with an empirical production planning method.Coronado-Hernández, Jairo R.Romero-Conrado, Alfonso R.Ochoa-González, OlmedoQuintero-Arango, HumbertoVargas, XimenaGatica, GustavoengCorporación Universidad de la CostaCC0 1.0 Universalhttp://creativecommons.org/publicdomain/zero/1.0/info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2Inventory turnoverProduction planningGMOPFertilizersChemical industryOptimizationA generic materials and operations planning approach for inventory turnover optimization in the chemical industryPre-Publicaciónhttp://purl.org/coar/resource_type/c_816bTextinfo:eu-repo/semantics/preprinthttp://purl.org/redcol/resource_type/ARTOTRinfo:eu-repo/semantics/acceptedVersionPublicationORIGINALA Generic Materials and Operations Planning Approach for Inventory Turnover Optimization in the Chemical Industry.pdfA Generic Materials and Operations Planning 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