Single-Stage Resource Allocation and Economic Lot Scheduling on Multiple, Nonidentical Production Lines
AbstractThis paper focuses on simultaneous resource allocation, lot-sizing, and scheduling in a multimachine, deterministic ELSP environment. We consider the problem of apportioning item production to distinct manufacturing lines with different costs and capabilities (production rates). The objective is to minimize the long-run average production, setup, inventory, and shortage penalty costs (due to lost sales). Restricting attention to rotation schedules, we develop a concave minimization model of the problem, generate heuristic solutions and a lower bound on the cost of any feasible solution. Computational experiments indicate that our heuristic solution is within a few percent of the lower bound. We also investigate sensitivity of costs to model parameters, and illustrate how our model may be used to determine target values for equipment utilization.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by INFORMS in its journal Management Science.
Volume (Year): 45 (1999)
Issue (Month): 6 (June)
lot-sizing; scheduling; resource allocation;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Torabi, S.A. & Karimi, B. & Fatemi Ghomi, S.M.T., 2005. "The common cycle economic lot scheduling in flexible job shops: The finite horizon case," International Journal of Production Economics, Elsevier, vol. 97(1), pages 52-65, July.
- Teunter, Ruud & Kaparis, Konstantinos & Tang, Ou, 2008. "Multi-product economic lot scheduling problem with separate production lines for manufacturing and remanufacturing," European Journal of Operational Research, Elsevier, vol. 191(3), pages 1241-1253, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mirko Janc).
If references are entirely missing, you can add them using this form.