Goal programming problem solving with weighted method and its application to production planning in PT. Pardic Jaya chemicals

The purpose of this study is to solve the problem of production planning to minimize overstock with forecasting methods where the results are used to form a Goal Programming model and solved by the Weighted method. Overstock problems can be solved by using the demand forecasting method by comparing...

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Veröffentlicht in:AIP conference proceedings 2022-12, Vol.2575 (1)
Hauptverfasser: Anggera, S. A., Lestari, H. P.
Format: Artikel
Sprache:eng
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Zusammenfassung:The purpose of this study is to solve the problem of production planning to minimize overstock with forecasting methods where the results are used to form a Goal Programming model and solved by the Weighted method. Overstock problems can be solved by using the demand forecasting method by comparing the MAD, MSE, and MFE values of four forecasting methods including the Double Moving Average, Single Exponential Smoothing, Double Exponential Smoothing, and Linear Trend method. Forecasting results we obtained are then used to form the Goal Programming model. Another goal to be achieved is to reduce inventory costs and also get profit from sales so that the Weighted method is used here because each target has a different importance weight. The amount of the estimated cost of inventory due to forecast in 2020 will decrease from Rp. 8,130,505,919 to around Rp. 4,589,859,000. Sales profit is obtained with an income of Rp. 379,942,200.
ISSN:0094-243X
1551-7616
DOI:10.1063/5.0125475