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Evaluation of a new type of sequential lot sizing techniques
Luleå tekniska universitet.
1990 (English)In: Engineering Costs and Production Economics, ISSN 0167-188X, E-ISSN 1878-4011, Vol. 19, no 1-3, p. 281-286Article in journal (Refereed) Published
Abstract [en]

The classical dynamic lot size problem without backlogging is usually solved with the aid of various heuristics. Most heuristics are sequential, i.e. the demand is considered period for period, and a decision whether to include the demand in a certain period in the preceding batch is taken without regarding the future demand. Recently, it has been shown how to design a sequential lot sizing rule that will optimize the average performance, provided that a typical demand looks like a sequence of independent and identically distributed random numbers. The purpose of this paper is to evaluate if and how this methodology can be implemented in practice. The new lot sizing techniques are evaluated in a simulation study for different types of demand

Place, publisher, year, edition, pages
1990. Vol. 19, no 1-3, p. 281-286
National Category
Production Engineering, Human Work Science and Ergonomics
Research subject
Industrial Logistics
Identifiers
URN: urn:nbn:se:ltu:diva-9708DOI: 10.1016/0167-188X(90)90053-KISI: A1990DP96300037Scopus ID: 2-s2.0-0025434990Local ID: 860cfc20-fccf-11dc-a946-000ea68e967bOAI: oai:DiVA.org:ltu-9708DiVA, id: diva2:982646
Note
Godkänd; 1990; 20080328 (cira)Available from: 2016-09-29 Created: 2016-09-29 Last updated: 2018-07-10Bibliographically approved

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