Product-mix optimiser for an integrated steel plant

Authors

• Goutam Dutta, Indian Institute of Management Ahmedabad
• Gopal P Singh, Tata Steel
• P N Roy, Tata Steel

Document Type

Discussions (Round Table)

Abstract

Optimal utilisation of constrained resources is one of the most important problems in the area of operations management. The determination of optimal productmix is an extremely difficult task for an organisation producing multiple products in multiple stages, sharing a set of common plant resources and experiencing a fluctuating market over time. In the absence of a quick method to determine optimality under changing conditions, plant managers have to make decisions based on their experience and intuition. 

Recommended Citation

Dutta, Goutam; Singh, Gopal P; and Roy, P N (2000) "Product-mix optimiser for an integrated steel plant," IIMB Management Review: Vol. 12: Iss. 4, Article 2.
Available at: https://research.iimb.ac.in/imr/vol12/iss4/2

Publication Date

12-1-2000

First Page

80

Last Page

86