Optimization of Total Cost of Production for a Mixed Make-To-Order (MTO) and Make-To-Stock (MTS) Production System with Lot Sizing for the RMG Industry in Bangladesh

1
Md. Imran Hosen
Md. Imran Hosen
2
Jaglul Hoque Mridha
Jaglul Hoque Mridha
3
Masum Musfiq
Masum Musfiq
4
Md. Shahin Hossen
Md. Shahin Hossen
5
Mohammed Raihan Uddin
Mohammed Raihan Uddin
6
Md. Sakib-Uz-Zaman
Md. Sakib-Uz-Zaman
7
Shoaib Mahmud
Shoaib Mahmud
8
Arif Hossain
Arif Hossain
1 Primeasia University
2 University Bangladesh

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This paper contains a production and inventory planning model with lot sizing in an RMG factory. This model is an example of mixed integer linear programming. The primary goal of this approach, which combines the make-to-order (MTO) and make-to-stock (MTS) production methods are to simultaneously satisfy existing customer orders and new customer orders in order to reduce the total cost. Here, maketo-order (MTO) and make-to-stock (MTS) production systems are becoming more and more common since they allow businesses to increase revenues while managing expenses by maintaining a positive cash flow. For mixed contexts where demand is cyclical but predictable, and the model stores the predicted data and fresh forthcoming orders. For the simulation, creation of the model, and output, data were gathered from Samad Sweaters Ltd. The concept is relevant to numerous production sectors, including the textile, apparel, steel, and food sectors. As its main objective is to reduce costs through lot sizing, industries that adopt this strategy can boost their profit margins while also keeping costs down. Additionally, it determines the cost of ordering and acquiring the raw materials. Another strategy for reducing risk and raising revenue is to subcontract the order. This is an alternative model option for completing an order by the delivery date.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

Md. Imran Hosen. 2026. \u201cOptimization of Total Cost of Production for a Mixed Make-To-Order (MTO) and Make-To-Stock (MTS) Production System with Lot Sizing for the RMG Industry in Bangladesh\u201d. Global Journal of Research in Engineering - J: General Engineering GJRE-J Volume 23 (GJRE Volume 23 Issue J1): .

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Optimized MTO system for Bangladesh manufacturing.
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Crossref Journal DOI 10.17406/gjre

Print ISSN 0975-5861

e-ISSN 2249-4596

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GJRE-J Classification: DDC Code: 338.456760973 LCC Code: HD9826
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v1.2

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February 23, 2023

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English

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This paper contains a production and inventory planning model with lot sizing in an RMG factory. This model is an example of mixed integer linear programming. The primary goal of this approach, which combines the make-to-order (MTO) and make-to-stock (MTS) production methods are to simultaneously satisfy existing customer orders and new customer orders in order to reduce the total cost. Here, maketo-order (MTO) and make-to-stock (MTS) production systems are becoming more and more common since they allow businesses to increase revenues while managing expenses by maintaining a positive cash flow. For mixed contexts where demand is cyclical but predictable, and the model stores the predicted data and fresh forthcoming orders. For the simulation, creation of the model, and output, data were gathered from Samad Sweaters Ltd. The concept is relevant to numerous production sectors, including the textile, apparel, steel, and food sectors. As its main objective is to reduce costs through lot sizing, industries that adopt this strategy can boost their profit margins while also keeping costs down. Additionally, it determines the cost of ordering and acquiring the raw materials. Another strategy for reducing risk and raising revenue is to subcontract the order. This is an alternative model option for completing an order by the delivery date.

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Optimization of Total Cost of Production for a Mixed Make-To-Order (MTO) and Make-To-Stock (MTS) Production System with Lot Sizing for the RMG Industry in Bangladesh

Md. Imran Hosen
Md. Imran Hosen Primeasia University
Jaglul Hoque Mridha
Jaglul Hoque Mridha University Bangladesh
Masum Musfiq
Masum Musfiq
Md. Shahin Hossen
Md. Shahin Hossen
Mohammed Raihan Uddin
Mohammed Raihan Uddin
Md. Sakib-Uz-Zaman
Md. Sakib-Uz-Zaman
Shoaib Mahmud
Shoaib Mahmud
Arif Hossain
Arif Hossain

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