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Operations Research, Systems Engineering and Industrial Engineering Commons™
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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Optimizing Strategic Planning With Long-Term Sequential Decision Making Under Uncertainty: A Decomposition Approach, Zeyu Liu
Doctoral Dissertations
The operations research literature has seen decision-making methods at both strategic and operational levels, where high-level strategic plans are first devised, followed by long-term policies that guide future day-to-day operations under uncertainties. Current literature studies such problems on a case-by-case basis, without a unified approach. In this study, we investigate the joint optimization of strategic and operational decisions from a methodological perspective, by proposing a generic two-stage long-term strategic stochastic decision-making (LSSD) framework, in which the first stage models strategic decisions with linear programming (LP), and the second stage models operational decisions with Markov decision processes (MDP). The joint optimization …
Optimizing Boat Hull And Deck Mold Storage Scheduling With Linear Programming, Tron Bjorn Dareing
Optimizing Boat Hull And Deck Mold Storage Scheduling With Linear Programming, Tron Bjorn Dareing
Masters Theses
With a wide range of products, Sea Ray uses a vast amount of large boat molds for each of the different boat models. Storing and transporting these molds can be an issue with introducing high variability in the production process. One of the largest problems deals with the utilization of the employees’ time with the large amount of boat production. Having the boat molds being ready for production is a critical part of the manufacturing of quality boats. There is non-value added time spent on preparing the molds for the lamination process and storing them in various areas. This problem …