Journal of Japan Industrial Management Association
Online ISSN : 2432-9983
Print ISSN : 0386-4812
Economic Analysis under the Consideration of Operation Planning of the Assembly Line Production System : An Engineering Economic Approach to Multiproduct Production System(Part I)
Shusaku HIRAKI
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1980 Volume 31 Issue 2 Pages 163-169

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Abstract
In this paper, we deal with economic analysis of the multiproduct production system by using break-even analysis. Considering semi-variable costs which depend on the production volume and the operation planning, we formulate the problem of obtaining the optimum operation planning and propose reccurence relations of dynamic programming under the consideration of seasonal demand of each product. Also the mathematical relationship between the production volume(man-hours required)and profits is specified for each alternative of product-mex, and the economic product-mex policy which maximizes profits is proposed. Finally a numerical example is presented to explain the procedure proposed.
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© 1980 Japan Industrial Management Association
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