This paper considers the Economic Lot Scheduling Problem of finding a
feasible schedule that allows cyclic production of several products on
a single facility so as to minimise holding and set up costs. We cons
ider the case when products are produced in a given fixed lot size and
at regular intervals with at most two cycle lengths between them. Our
main results are, for the multi-product case: necessary and sufficien
t condition for existence of a feasible schedule; a method of construc
ting a feasible schedule; and necessary and sufficient conditions for
100% utilization of the production line; and for the two product case:
a characterization of all feasible schedules. It is envisaged that th
e results will be used to help construct production schedules which ut
ilise the production line well and keep down holding costs, by using t
wo regular intervals.