AN APPROACH TO ECONOMIC OPTIMIZATION OF THE BATCH SIZE IN THE TEXTILE INDUSTRY

Authors : Sanja Puzovic, Miroslav Radojicic, Jasmina Vesic Vasovic, Vladan Paunovic, Zoran Nesic

Pages : 250-257

Doi:10.32710/tekstilvekonfeksiyon.482864

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Publication Date : 2018-12-29

Article Type : Research

Abstract :One of the important factors of the economic optimization of production processes is the proper dimensioning of the batch in which production is carried out. This request becomes particularly pronounced in the conditions of the textile industry, where the economic rationalization of production is of crucial importance for a market success. In the paper, we presented the model of the optimization of the batch size based on an analysis of the structure of the expenses, inclusive of a request for their minimization. The suggested model enables the determination of the batch size which has the lowest costs and also the extent to which it is allowed to deviate from the calculated optimum, but still remain within economic rationality. The aim of the theoretical and practical aspects of the paper is to point out the contribution of the suggested approach towards the economicrationalization of production processes in the textile industry. 
Keywords : Batch Size, Costs of the Series, Optimization, Production Planning, Textile Industry