A Short Term Production Planning Model in Fish Processing
A general overcapacity in this industry. The net operating surplus is consequently unable to cover the fixed costs.
The prices of raw fish (as input to the industry) are fixed by means of central negotiation based on hypotheses on world market prices. More often than not these price-estimates have overvalued the actual prices, and thus eroded the finances of the manufacturers.
In some coastal regions there are great seasonal variations in landings of fish. For long periods the production equipment is hardly utilized.
The managerial skills are insufficient, especially in the smallest companies.
KeywordsLinear Programming Model World Market Price Fresh Fish Fish Processing Production Planning Problem
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