Multi Product Optimal Production Planing Using R lpSolveAPI

Overview

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For a given demand profile for 8 products over a 9 week period, we determine the optimal production plan for minimal inventory. "Mixed Integer Linear Programming" method is applied using R lpSolve library.

Syllabus

Project Overview

Welcome to "Multi Product Optimal Production Planning Using R lpSolveAPI". This is a project-based course which should take under 2 hours to finish. Before diving into the project, please take a look at the course objectives and structure. By the end of this project, you will gain introductiory knowledge of Multi Product Production Planning, Mixed Integer Linear Programming (MILP), be able to use R Studio and lpSolveAPI library, formulate pptmisation problem & determine the objective function, apply constraints, run optimiser, obtain & analyse the solution.