Browsing by Author "Sarbeng, Joseph"

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    Modelling Inventory, Distibution Route Problem: A Case Study of Latex Foam Products
    (2013-09-08) Sarbeng, Joseph
    Manufacturing firms generate and update production, inventory and distribution, which are plans that state when certain controllable activities for example processing of jobs by resources should take place. As production systems expand, there is the tendency for its inventory and distribution to become complex. The organizational perspective, which is the most complete, views production and distribution as a system of decision-making that transforms information about the manufacturing system into a plan. Distributors must perform a variety of tasks and use both formal and informal information to make scheduling decisions. Previous production distribution involves complicated iterative procedures. A new approach brings out the basic principle that leads to a simple solution. The objective of this study is to establish an efficient optimum distribution that will minimize the total production and inventory cost whilst satisfying customer demands for Latex Foam Ghana Limited. The production problem was modeled as a transportation problem. Optimality conditions were satisfied and solution was found using Excel Solver. Results from the analysis indicated that customer demands could be satisfied when overtime production is increased and that an efficient production distribution could ensure cost reduction, optimum utilization of capacity, proper inventory control and management, quality and ultimate optimality.