System and method of demand planning for intermediate and by-products
View Patent ↗A system ( 100 ) for demand planning includes memory ( 116 ) containing a value representing a demand quantity of at least one end product that a manufacturer ( 102 ) is to produce. Production of the demand quantity of the end product includes production of a quantity of at least one intermediate product that is to be further processed to produce the end product. The system ( 100 ) also includes one or more processors ( 114 ) collectively operable to determine a value representing an additional quantity of the intermediate product that the manufacturer ( 102 ) can produce in addition to the quantity of the intermediate product used to produce the end product. The one or more processors ( 114 ) are also collectively operable to make the additional quantity value for the intermediate product available for use in generating additional demand for the intermediate product.
1. A computer-implemented system for manufacturing forecasting, the system comprising one or more memory units and one or more processing units operable to:
store, in one or more of the memory units, end product demand information representative of a predicted future demand for an end product, and intermediate product information representative of an amount per time period of an intermediate product that can be produced and intermediate product demand information representative of a predicted future demand for the intermediate product;
determine, based on the end product demand information, a demand quantity of the end product that a manufacturer is to produce during a specified time period to satisfy the predicted future demand, wherein production of the demand quantity of the end product requires producing a first intermediate-product quantity of an intermediate product that is further processed to produce the demand quantity of the end product, and requires producing a first by-product quantity of a by-product;
determine, based on the intermediate product information and the demand quantity, a second intermediate-product quantity of the intermediate product that the manufacturer can produce during the specified time period in addition to the first intermediate-product quantity, wherein production of the second-intermediate-product quantity requires producing a second by-product quantity;
determine, based on the second intermediate-product quantity and the intermediate product demand information, whether to produce any of the second intermediate-product quantity of the intermediate product; and
determine, based on the demand quantity of the end product and the second intermediate-product quantity, a total by-product quantity of the by-product that the manufacturer can produce during the specified time period.
2. The system of claim 1 , wherein the end product comprises a chemical end product, the intermediate product comprises a chemical intermediate product, and the by-product comprises a chemical by-product.
3. The system of claim 1 , wherein the one or more processing units are further operable to store, in the one or more memory units, by-product information representative of a total amount of by-product that can be produced during the specified time period.
4. The system of claim 1 , wherein the one or more processing units are further operable to store, in the one or more memory units, by-product information identifying an amount of a by-product that will be produced during production of the end product.
5. A computer-implemented method of manufacturing forecasting, the method being performed using a computer system comprising one or more memory units and one or more processing units, the method comprising:
storing, in one or more of the memory units, end product demand information representative of a predicted future demand for an end product, and intermediate product information representative of an amount per time period of an intermediate product that can be produced and intermediate product demand information representative of a predicted future demand for the intermediate product;
using the computer system to determine, based on the end product demand information, a demand quantity of the end product that a manufacturer is to produce during a specified time period to satisfy the predicted future demand, wherein production of the demand quantity of the end product requires producing a first intermediate-product quantity of an intermediate product that is further processed to produce the demand quantity of the end product, and requires producing a first by-product quantity of a by-product;
using the computer system to determine, based on the intermediate product information and the demand quantity, a second intermediate-product quantity of the intermediate product that the manufacturer can produce during the specified time period in addition to the first intermediate-product quantity, wherein production of the second-intermediate-product quantity requires producing a second by-product quantity;
using the computer system to determine, based on the second intermediate-product quantity and the intermediate product demand information, whether to produce any of the second intermediate-product quantity of the intermediate product; and
using the computer system to determine, based on the demand quantity of the end product and the second intermediate-product quantity, a total by-product quantity of the by-product that the manufacturer can produce during the specified time period.
6. The method of claim 5 , wherein the end product comprises a chemical end product, the intermediate product comprises a chemical intermediate product, and the by-product comprises a chemical by-product.
7. The method of claim 5 , further comprising storing, in the one or more memory units, by-product information representative of an amount of by-product that can be produced during the specified time period.
8. The method of claim 5 , further comprising storing, in the one or more memory units, by-product information identifying an amount of a by-product that will be produced during production of the end product.
9. A computer-readable medium having encoded thereon software for manufacturing forecasting, said software including instructions for executing the steps of:
storing, in one or more of the memory units, end product demand information representative of a predicted future demand for an end product, and intermediate product information representative of an amount per time period of an intermediate product that can be produced and intermediate product demand information representative of a predicted future demand for the intermediate product;
using the computer system to determine, based on the end product demand information, a demand quantity of the end product that a manufacturer is to produce during a specified time period to satisfy the predicted future demand, wherein production of the demand quantity of the end product requires producing a first intermediate-product quantity of an intermediate product that is further processed to produce the demand quantity of the end product, and requires producing a first by-product quantity of a by-product;
using the computer system to determine, based on the intermediate product information and the demand quantity, a second intermediate-product quantity of the intermediate product that the manufacturer can produce during the specified time period in addition to the first intermediate-product quantity, wherein production of the second-intermediate-product quantity requires producing a second by-product quantity;
using the computer system to determine, based on the second intermediate-product quantity and the intermediate product demand information, whether to produce any of the second intermediate-product quantity of the intermediate product; and
using the computer system to determine, based on the demand quantity of the end product and the second intermediate-product quantity, a total by-product quantity of the by-product that the manufacturer can produce during the specified time period.
10. The computer-readable medium of claim 9 , wherein the end product comprises a chemical end product, the intermediate product comprises a chemical intermediate product, and the by-product comprises a chemical by-product.
11. The computer-readable medium of claim 9 , wherein the software further includes instructions for storing, in the one or more memory units, by-product information representative of a total amount of by-product that can be produced during the specified time period.
12. The computer-readable medium of claim 9 , wherein the software further includes instructions for storing, in the one or more memory units, by-product information identifying an amount of a by-product that will be produced during production of the end product.