An industrial application for total productivity optimization

Abstract

Abstract. This paper presents four strategies for total productivity optimization of a real-life manufacturing company. These strategies are developed to attain overall growth, cost reduction, upgrading of technical efficiency and management effectiveness. Such strategies have been modelled mathematically by using a nonlinear mathematical programming approach. The model base and the data base used in implementing the strategies can serve as decision support to management for optimizing total productivity.

Keywords:

• productivity
• optimization
• management
• strategies
• internal/external
• environment

Additional information

Notes on contributors

S. C. RASTOGI

S. C. RASTOGI holds a B.Tech.(Mech), M.Tech.(IE) from the Indian Institute of Technology, Kanpur, India and a Ph.D. from the National Institute of Industrial Engineering, Bombay, India. He has about 20 years experience in industry, consulting and academic institutions. Presently he is with NITIE as professor and for 9 years, has been involved in training, research and consultancy. He has presented papers at international conferences in Japan and USA and has published several papers in national and international journals. He is currently working on a book Japanese Management Techniques: An Overview, comparing the philosophies, similarities and dissimilarities of various Japanese management techniques. His area of interests are productivity management, Japanese management, value engineering and facilities planning.

R. P. MOHANTY1

R. P. MOHANTY is currently a Professor at the National Institute for Industrial Engineering, Bombay, India, where he is very actively engaged in postgraduate teaching, management development and doctoral research programmes. He has published a very large number of research papers in many international journals and has received awards and recognitions from professional societies and institutions of India. For the last 26 years, he has lectured and guided research projects both in India and abroad. He served as a Visiting Professor to the Asian Institute of Technology, Bangkok in the year 1986. He has advised many organizations in India, particularly in the areas of production, materials, project, maintenance and quality management. He was the Editor-in-Chief of Industrial Engineering Journal (India) from 1983 to 1988, and is now the Chairman of the Editorial Board of the Bombay Productivity Council.