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Supply Chain Planning Algorithms December 12, 2007

Posted by Jeff in Technology.
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Introduction

Supply chain planning is a critical task in operations management.  On the one hand, it algorithmically solves immediate problems of finding availability schedules, sourcing decisions and resource allocations to produce a plan that meets goals in an effective manner. But it also provides insight into the trade-offs of different factors, constraints and rules.

However, supply chain planning means different things under different situations.  In this post, we try to classify types of supply chain planning problems, address the modeling issues, and provide background regarding the algorithms used. (more…)