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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 6 Issue 8 pp. 535-540 , 2016

Analytic network process (ANP) approach for product mix planning in railway industry Pages 535-540 Right click to download the paper Download PDF

Authors: Hadi Pazoki Toroudi, Mahsa Sadat Madani, Fatemeh Sarlak

DOI: 10.5267/j.msl.2016.7.004

Keywords: Product selection, ANP, Analytical Network Process

Abstract: Given the competitive environment in the global market in recent years, organizations need to plan for increased profitability and optimize their performance. Planning for an appropriate product mix plays essential role for the success of most production units. This paper applies analytical network process (ANP) approach for product mix planning for a part supplier in Iran. The proposed method uses four criteria including cost of production, sales figures, supply of raw materials and quality of products. In addition, the study proposes different set of products as alternatives for production planning. The preliminary results have indicated that that the proposed study of this paper could increase productivity, significantly.

How to cite this paper
Toroudi, H., Madani, M & Sarlak, F. (2016). Analytic network process (ANP) approach for product mix planning in railway industry.Management Science Letters , 6(8), 535-540.

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Journal: Management Science Letters | Year: 2016 | Volume: 6 | Issue: 8 | Views: 1873 | Reviews: 0

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