search query: @author Federgruen, A. / total: 37
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Author: | Federgruen, A. Katalan, Z. |
Title: | The stochastic economic lot scheduling problem: cyclical base-stock policies with idle times |
Journal: | Management Science
1996 : JUN, VOL. 42:6, p. 783-796 |
Index terms: | MANAGEMENT SCIENCE INVENTORIES MANUFACTURING |
Language: | eng |
Abstract: | In this paper the authors discuss stochastic Economic Lot Scheduling Problems (ELSP), i.e., settings where several items need to be produced in a common facility with limited capability, under significant uncertainty regarding demand, production times, setup times, or combinations thereof. The authors propose a class of production/inventory strategies for stochastic ELSPs and describe how a strategy which minimizes holding, backlogging, and setup costs within this class can be effectively determined and evaluated. |
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