A heuristic to solve the economic lot scheduling problem even when there is a high utilization of the facility
2009 (English)Conference paper, Presentation (Other academic)
Here we present a heuristic that starts with the common cycle solution finding an optimal time interval for the common frequencies; thereafter in "powers of two' try to reduce or increase the frequency for one item at a time, and the right and lowest possible inventory holding costs (for these different frequencies); and continue in this way until no better solution is found. This heuristic can also be combined with costs for operating the production facility depending on the number of hours the facility is operating per working day.
Place, publisher, year, edition, pages
Research subject Industrial Logistics
IdentifiersURN: urn:nbn:se:ltu:diva-34785Local ID: 912632c0-b30d-11de-b4d6-000ea68e967bOAI: oai:DiVA.org:ltu-34785DiVA: diva2:1008036
European conference on operations research : 05/07/2009 - 08/07/2009
Godkänd; 2009; 20091007 (keni)2016-09-302016-09-30Bibliographically approved