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Author: | Günther, H. O. |
Title: | Planning lot sizes and capacity requirements in a single stage production system. |
Journal: | European Journal of Operational Research
1987 : AUG, VOL. 31:2, p. 223-231 |
Index terms: | PRODUCTION LOT-SIZE MODEL PLANNING SCHEDULING |
Language: | eng |
Abstract: | The determination of lot sizes for multiple products to be produced on a single facility with limited capacity is discussed. Demand is assumed to be deterministic and time-varying and must be met without backordering. It is aimed to minimize the sum of setup and inventory holding costs. A heuristic solution procedure of the period-by-period type is presented. Moreover, the interaction between lot sizing and smoothing of capacity requirements is investigated in a case study. |
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