An integrated Theory-Of-Constraints

Author

Ray, Amitava ; Sarkar, Bijan ; Sanyal, Subir

Author_Institution

Jadavpur Univ., Kolkata

fYear

2007

fDate

2-4 Dec. 2007

Firstpage

25

Lastpage

29

Abstract

The objective of this research is to investigate the integration of Theory-Of-Constraints, analytic hierarchy process and linear programming so as to provide management with the capability of making outsourcing decision. This paper compares possible solution between standard cost accounting, standard Theory-Of-Constraints and an approach that combines Standard Theory-Of- Constraints - Analytic Hierarchy Process-Linear programming. Numerical results show that combined model is better than traditional model. This research is limited to the production process where there is no multiple constraints.

Keywords

constraint theory; cost accounting; decision making; linear programming; manufacturing industries; organisational aspects; outsourcing; analytic hierarchy process; linear programming; manufacturing organization; production outsourcing decision; standard cost accounting; theory-of-constraint; Cost accounting; Costing; Engineering management; Linear programming; Manufacturing; Outsourcing; Production engineering; Raw materials; Standards organizations; Throughput; Analytic Hierarchy Process; Production outsourcing; Standard cost accounting; linear programming; standard Theory-Of-Constraints;

fLanguage

English

Publisher

ieee

Conference_Titel

Industrial Engineering and Engineering Management, 2007 IEEE International Conference on

Conference_Location

Singapore

Print_ISBN

978-1-4244-1529-8

Electronic_ISBN

978-1-4244-1529-8

Type

conf

DOI

10.1109/IEEM.2007.4419144

Filename

4419144