A HEURISTIC METHOD FOR LOT-SIZING IN MULTISTAGE SYSTEMS

Authors
FRANCA PM ARMENTANO VA BERRETTA RE CLARK AR
Citation
Pm. Franca et al., A HEURISTIC METHOD FOR LOT-SIZING IN MULTISTAGE SYSTEMS, Computers & operations research, 24(9), 1997, pp. 861-874
Citations number
36
Categorie Soggetti
Operatione Research & Management Science","Operatione Research & Management Science","Computer Science Interdisciplinary Applications","Engineering, Industrial
Journal title
Computers & operations research → ACNP
ISSN journal
03050548
Volume
24
Issue
9
Year of publication
1997
Pages
861 - 874
Database
ISI
SICI code
0305-0548(1997)24:9<861:AHMFLI>2.0.ZU;2-5
Abstract
This article considers the lot-sizing problem in multi-stage productio n settings with capacity-constrained resources. This problem deals wit h the determination of a production plan for the end item and its comp onents in order to meet the forecast demand in each period of a planni ng horizon. The production plan should minimize the sum of production, setup and inventory costs. A heuristic method build upon a formulatio n of the problem in terms of echelon stock is developed. Computational results are reported and the solutions' quality is evaluated through Lagrangean lower bounds. (C) 1997 Elsevier Science Ltd.