| Author: | Gallego, G. Joneja, D. |
| Title: | Economic lot scheduling problem with raw material considerations |
| Journal: | Operations Research
1994 : JAN-FEB, VOL. 42:1, p. 92-101 |
| Index terms: | SCHEDULING RAW MATERIALS COSTS |
| Language: | eng |
| Abstract: | The authors extend the traditional model of the economic lot scheduling problem by considering various issues associated with the management of the raw materials for production. Several items are produced on a single machine at finite production rates with setup times, and setup and inventory holding costs. Raw materials are used for the production of these items. In the presence of setup and holding costs for the raw materials, the authors formulate a planning model which provides a sharp lower bound on the cost of any policy for the problem. |
SCIMA