Pergamon
Omega, Int. J. Mgmt Sci. Vol. 23, No. 1, pp. 89-95, 1995
Copyright © 1995 Elsevier Science Lid
030541483(94)000534) Printed in Great Britain. All rights reserved
0305-0483/95 $9.50 + 0.00
Fixed Cost Oriented Bottleneck Analysis
With Linear Programming
T KOLTAI
Technical University of Budapest, Hungary
(Received March 1994; accepted after revision September 1994)
Despite the increasing ratio of fixed cost in the operating cost of production systems, variable cost
oriented decision support methods prevail. These methods, however, have several unexploited
capabilities to consider period costs as well. This paper shows how sensitivity analysis of the optimum
solution of a linear programming model can provide overhead oriented information as well. The
analysis is illustrated with a simple example.
Key words--production, resource management, LP, sensitivity analysis, accounting
1. INTRODUCTION
OWING TO THE development of production
technology considerable revision needs to be
made in various areas of production manage-
ment. The changing cost structure of production
systems undermines a number of prevailing
management accounting principles [9]. For a
long time, the reduction or strict control of
variable costs has determined most financially
based design and control type decisions. This
was characteristic of the era when high volume
production was carried out on low value
machines, and with relatively high direct labour
content. The contribution income statement was
dominated by the variable cost. Every change
on the dominant variable cost elements had
severe consequences on the profit.
As a result of the appearance of automated
production systems, flexible manufacturing and
computer controlled technologies the majority
of direct labour cost became part of the over-
head costs [1]. The demand for highly qualified
maintenance staff, the dominance of white
collar workers in the workshop, the increasing
role of production planning and programming
89
have all resulted in the decrease of the ratio of
direct labour cost. Owing to the high purchase
price of machines and expensive material
handling systems the ratio of depreciation has
also increased.
Despite these phenomena, traditional
management accounting methods are still in
use, and production planning and control is
strongly influenced by variable cost oriented
methods. The demand for new concepts in
management accounting has been expressed fre-
quently [8, 9], but to find appropriate methods
is not easy. A two-fold approach has to be
applied; new techniques are to be created to
consider the changing manufacturing environ-
ment, but those features of the old methods
which can be adapted to the new conditions
have to be exploited as well.
The objective of this paper is to show that
linear programming, which has been extensively
used for production planning, can consider
overhead cost oriented decisions as well. In
Section 2 a method is introduced to measure the
capacity utilization of production resources in a
system oriented context. In Section 3 an exten-
sion of shadow price analysis is presented to