SCHEDULING OPERATION OF DRILLING AND INVENTORY COST EVALUATION
Manish Kumar Singh, Suraj Kumar Rout, Chandrashekhar Shrivas
ABSTRACT
Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and ended goods from point of- origin to point-of-consumption. Conventional methods of explaining scheduling problems based on priority rules still result in schedules, sometimes, with significant idle times. The objective is to reduce the makespan of batch-processing machines in a flow shop. The processing times and the sizes of the jobs are recognized and non-identical. The machines can process a batch as long as its capacity is not exceeded. The processing time of a lot is the longest processing time among all the jobs in that batch. The finished product has to be forecast and reduce the maintenance cost of goods to store. Inventory cost analysis has been done by Exponential smoothing method.
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