search query: @author Taylor, B. W. / total: 14
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| Author: | Philipoom, P. R. Rees, L. P. Taylor, B. W. |
| Title: | Solving the economic lot-scheduling problem using the method of prime subperiods. |
| Journal: | Decision Sciences
1989 : FALL, VOL. 20:4, p. 794-809 |
| Index terms: | PRODUCTION MANAGEMENT OPERATIONS MANAGEMENT SCHEDULING INVENTORY CONTROL |
| Language: | eng |
| Abstract: | The reported successes of Japanese production systems has focussed the managers' attention on efficient decision-making for determining production schedules that minimize inventory costs. The economic lot- scheduling problem (ELSP) is relevant where machining operations are prevalent. ELSP determines lot-sizes for N products with constant demand to minimize setup and inventory costs. The best methods have been based on the notion of a basic period. The present paper proposes a heuristic extension called the method of prime subperiods. Numerical examples indicate superior performance. |
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