Seminar Title: Bi-Objective Optimization for Aggregate Planning with Flexibility Requirements Profile
Speaker: Edil Demirel, Ph.D. Candidate in Infrastructure and Environmental Systems Engineering, UNC Charlotte
Abstract: Demand fluctuations cause frequent changes and revisions in production plans, which create nervousness in organizations and a state of instability throughout the supply chain. Flexibility Requirements Profile (FRP) is an alternative approach to reduce this phenomenon and maintain a desired degree of variability in production plans. In this talk, we give an overview of our efforts in developing a bi-objective optimization model in conjunction with FRP, where plan stability would be incorporated as a second objective alongside the conventional cost objective. In particular, we compare the cost and stability performances of the single objective FRP model, the bi-objective approach without FRP, and the combination of two methods.
Edil Demirel is a Ph.D. Candidate at UNC Charlotte with a concentration in Systems Engineering and Engineering Management. He holds a BS degree in Industrial Engineering from Bilkent University (Ankara, Turkey), and an MBA degree from UNC Charlotte. His academic and professional research interests include the implementation of optimization and decision analysis techniques in planning problems and the application of advanced data analytics in real-world operations research problems. He served in UNCC Center for Lean Logistics & Engineered Systems and Operations Research Group at McDonald’s Corporation. He is a member of Institute of Industrial Engineers (IIE), and the Institute for Operations Research and the Management Science (INFORMS).
For questions about the Industrial & Technology Management Seminar please contact Dr. Ertunga C. Ozelkan (firstname.lastname@example.org) Director and Associate Professor of Systems Engineering and Engineering Management Program.