A bi-criterion approach to minimizing inventory costs on a single machine when early shipments are forbidden (Q579120): Difference between revisions
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The concept of job earliness as a measure of inventory costs for single machine scheduling is introduced. The justification of earliness as a cost is presented. It is pointed out that the Japanese have long recognized earliness as a cost. The additon of earliness greatly complicated finding an optimum solution, since reducing earliness may require the insertion of machine idle time. Another measure commonly used to represent inventory cost is flowtime. In this paper, a combination of earliness and flowtime is used to represent total inventory costs. Some preliminary results are presented illustrating the complexity of solving this problem. | |||
Property / review text: The concept of job earliness as a measure of inventory costs for single machine scheduling is introduced. The justification of earliness as a cost is presented. It is pointed out that the Japanese have long recognized earliness as a cost. The additon of earliness greatly complicated finding an optimum solution, since reducing earliness may require the insertion of machine idle time. Another measure commonly used to represent inventory cost is flowtime. In this paper, a combination of earliness and flowtime is used to represent total inventory costs. Some preliminary results are presented illustrating the complexity of solving this problem. / rank | |||
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Property / Mathematics Subject Classification ID: 90B35 / rank | |||
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Property / zbMATH DE Number: 4014425 / rank | |||
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job earliness | |||
Property / zbMATH Keywords: job earliness / rank | |||
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measure of inventory costs | |||
Property / zbMATH Keywords: measure of inventory costs / rank | |||
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single machine scheduling | |||
Property / zbMATH Keywords: single machine scheduling / rank | |||
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flowtime | |||
Property / zbMATH Keywords: flowtime / rank | |||
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Revision as of 17:21, 1 July 2023
scientific article
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English | A bi-criterion approach to minimizing inventory costs on a single machine when early shipments are forbidden |
scientific article |
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A bi-criterion approach to minimizing inventory costs on a single machine when early shipments are forbidden (English)
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1987
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The concept of job earliness as a measure of inventory costs for single machine scheduling is introduced. The justification of earliness as a cost is presented. It is pointed out that the Japanese have long recognized earliness as a cost. The additon of earliness greatly complicated finding an optimum solution, since reducing earliness may require the insertion of machine idle time. Another measure commonly used to represent inventory cost is flowtime. In this paper, a combination of earliness and flowtime is used to represent total inventory costs. Some preliminary results are presented illustrating the complexity of solving this problem.
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job earliness
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measure of inventory costs
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single machine scheduling
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flowtime
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