Abstract
This study proposes a two-phase research framework to address the problem of capacity-demand mismatch in the high-tech industry. In the first stage, due to the characteristics of small data, we apply the virtual data generation process (VDGP) to support the data learning for demand forecast. In the second stage, based on the demand scenarios, a robust capacity decision is provided by the stochastic programming (SP) technique and the minimax regret (MMR) technique addressing demand uncertainty. We conduct an empirical study of a TFT-LCD firm to validate the proposed framework. That result shows that the proposed framework, in particular the SP technique, provides a robust capacity levels addressing the problem of capacity-demand mismatch.
| Original language | English |
|---|---|
| Title of host publication | 2015 IEEE Conference on Automation Science and Engineering |
| Subtitle of host publication | Automation for a Sustainable Future, CASE 2015 |
| Publisher | IEEE Computer Society |
| Pages | 647-648 |
| Number of pages | 2 |
| ISBN (Electronic) | 9781467381833 |
| DOIs | |
| Publication status | Published - 2015 Oct 7 |
| Event | 11th IEEE International Conference on Automation Science and Engineering, CASE 2015 - Gothenburg, Sweden Duration: 2015 Aug 24 → 2015 Aug 28 |
Publication series
| Name | IEEE International Conference on Automation Science and Engineering |
|---|---|
| Volume | 2015-October |
| ISSN (Print) | 2161-8070 |
| ISSN (Electronic) | 2161-8089 |
Other
| Other | 11th IEEE International Conference on Automation Science and Engineering, CASE 2015 |
|---|---|
| Country/Territory | Sweden |
| City | Gothenburg |
| Period | 15-08-24 → 15-08-28 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
All Science Journal Classification (ASJC) codes
- Control and Systems Engineering
- Electrical and Electronic Engineering
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