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Two-Level Lot Sizing Models for an Unreliable Production Facility: Case of Finite Horizon and Single Demand

Author

Listed:
  • Hafsi, M.E.

Abstract

In this paper we propose several models for production lot sizing for finite horizon and single quantity demands. We consider two-level inventory systems in which we take into account inventory costs for finished as well as unfinished goods. The production facility is subject to failures and repairs. The models are solved to optimality and the solution is either obtained in closed form or through very efficient algorithms.

Suggested Citation

  • Hafsi, M.E., 1999. "Two-Level Lot Sizing Models for an Unreliable Production Facility: Case of Finite Horizon and Single Demand," The A. Gary Anderson Graduate School of Management 99-04, The A. Gary Anderson Graduate School of Management. University of California Riverside.
    • Handle: RePEc:fth:caland:99-04
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    More about this item

    Keywords

    PRODUCTION ; PLANNING ; BUSINESS ORGANIZATION ; ECONOMIC MODELS;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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