A Production Planning and Stock Control Problem in the Textile Industry

This paper describes the techniques used in an enquiry into production planning and stock holding problems encountered by one of our member firms.The investigation of the problem falls into three parts:

1. i)
   The analysis of demand.
    
2. ii)
   The determination of optimum stock levels.
    
3. iii)
   The solution of the allocation problem which arises if the capacity available for the production of stock lines is not equal to the amount required to bring stocks back to the optimum levels. This problem has not been fully investigated, but a proposed method of solution is given in an appendix.