A heuristic method for lot-sizing in multi-stage systems

Fran�a, Paulo M.; Armentano, Vin�cius A.; Clark, Alistair R.; Fran�a, Paulo Morelato; Armentano, Vinicius Amaral; Clark, Alistair; Berretta, Regina E.

Abstract

This article considers the lot-sizing problem in multi-stage production settings with capacity-constrained resources. This problem deals with the determination of a production plan for the end item and its components in order to meet the forecast demand in each period of a planning horizon. The production plan should minimize the sum of production, setup and inventory costs. A heuristic method build upon a formulation of the problem in terms of echelon stock is developed. Computational results are reported and the solutions' quality is evaluated through Lagrangean lower bounds. © 1997 Elsevier Science Ltd.

• Journal Article Type: Article
• Publication Date: Jan 1, 1997
• Deposit Date: Nov 2, 2010
• Journal: Computers and Operations Research
• Print ISSN: 0305-0548
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 24
• Issue: 9
• Pages: 861-874
• DOI: https://doi.org/10.1016/S0305-0548%2896%2900097-4
• Keywords: lot sizing, multi-stage production systems, heuristics
• Public URL: https://uwe-repository.worktribe.com/output/1102091
• Publisher URL: http://dx.doi.org/10.1016/S0305-0548(96)00097-4
• Contract Date: Nov 15, 2016