Planning lot sizes and capacity requirements in a single stage production system (Q1821021)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Planning lot sizes and capacity requirements in a single stage production system |
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Planning lot sizes and capacity requirements in a single stage production system (English)
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1987
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The problem addressed in this paper is the determination of lot sizes for multiple products to be produced on a single production facility with limited capacity. Demand is assumed to be deterministic and time-varying and must be met without backordering. The objective is 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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planning
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scheduling
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lot sizes
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multiple products
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single production facility
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limited capacity
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