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Assignment Sample Writing - Supply Chain Management

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0% found this document useful (0 votes)
8 views2 pages

Assignment Sample Writing - Supply Chain Management

Uploaded by

Jatin Manchanda
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Assignment 1

Vishnu Raj
Student ID: 0273804([email protected])
Course: MGSC 5114 Section:21 Supply Chain Management
Professor: Tasquia Mizan
Summary
In the first lesson, the basics of supply chain optimization were taught in order to get a general
idea of the concept. The use of Linear programming and the basic components such as Decision
Variables, Objective Functions, and Constraints were explained that would be used for Linear
Programming. Finally, the definition of Liner Programming, Integer Programming, and Mixed
Integer Programming were illustrated, which would be used to determine the variable.
The second lesson clearly stated the fact that PuLP is a framework for both Liner Programming
and Integer Programming modelling. The standard five steps such of the PuLP modelling
procedure were listed and explained before practicing a resource scheduling example.
As models become more difficult, techniques such as lpSum which is part of the PuLP
framework are used to make it easier for calculation. Complex and big structures are produced
by combining lpSum with Python’s list of comprehension.
The next part elaborated the LpVariable class dicts() method which is a dictionary containing
LP variables. The earlier designed variables do not work in all scheduling problems and
changes in modelling are required to adapt to each problem.
A Capacitated model case study was discussed in the video where the model’s goal was to
achieve an equilibrium between maintaining multiple small regional plants and a few larger
ones. Later, a few examples of logical constraints were explained so that it would be easier to
mention conditions while solving supply chain problems. When working with combination
selection constraints and dependent demand, errors that would happen usually while doing
these problems were pointed out.
Another case study of a capacitated plant model was considered for discussion so that we could
know how its constraints could be coded in Python. Another interesting method was taught to
identify if the answer for the model status would be in the expected range which is useful when
forecasting demand. Using Python Program, ‘Shadow Price’ could be calculated using Python
program so that it used to find out the estimated price of a product and, ‘Slack’ could be used
to find out the resources which are leftover and unused.
Finally, the ‘Simulation testing Technique’ is taught and practiced in the program which is
basically the use of LP or IP model but it is used a lot of times and it could take a lot of time to
find an optimal answer, which makes its use limited.

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