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DSS Model for Profit Maximization at Customer Enquiry Evaluation Stage

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dc.creator Xiong, M.H.
dc.creator Tor, Shu Beng
dc.creator Bhatnagar, Rohit
dc.creator Venkataramanaiah, S.
dc.date 2003-12-14T23:42:24Z
dc.date 2003-12-14T23:42:24Z
dc.date 2004-01
dc.date.accessioned 2013-10-09T02:33:09Z
dc.date.available 2013-10-09T02:33:09Z
dc.date.issued 2013-10-09
dc.identifier http://hdl.handle.net/1721.1/3902
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/1721
dc.description This paper presents an optimal method and a heuristic approach which aims at maximizing the profit when responding to a set of customer enquiries under limited capacity. The model takes into consideration the quantity of available-to-promise (ATP) which measures the capability to fill customer orders, along with enquiry quantity and product price. The optimal method and the heuristic approach are tested using ATP, product price and enquiry quantity each at their different levels. From the example conducted, it is found that (1) the optimal model can help to make appropriate decision for selecting a subset of enquiries, and (2) the heuristic approach can produce a result within 5% from the optimum achieved by optimal method for most parameter settings.
dc.description Singapore-MIT Alliance (SMA)
dc.format 388779 bytes
dc.format application/pdf
dc.language en_US
dc.relation Innovation in Manufacturing Systems and Technology (IMST);
dc.subject customer enquiry
dc.subject demand
dc.subject decision making
dc.subject capacity
dc.title DSS Model for Profit Maximization at Customer Enquiry Evaluation Stage
dc.type Article


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