Lot-sizing algorithms with applications to engineering and economics

Rene Victor Valqui Vidal; Jose S. Ferreira

doi:10.1080/00207548408942481

Lot-sizing algorithms with applications to engineering and economics

Rene Victor Valqui Vidal, Jose S. Ferreira

Research output: Contribution to journal › Journal article › Research › peer-review

Abstract

The paper presents two new solution procedures for a deterministic lot size problem, a matrix algorithm and a heuristic matrix method. The algorithm is based on the dual of a linear programming model formulation of the lot size problem, and it provides optimal solutions even in the general case of time-varying parameters. A comparison of the efficiency of the new solution procedures with well-known methods is developed. New applications of the techniques described within the fields of engineering (optimal design of a pump-pipe system) and economics (a model for import-planning) are referred to

Original language	English
Journal	International Journal of Production Research
Volume	22
Issue number	4
Pages (from-to)	145-156
ISSN	0020-7543
DOIs	https://doi.org/10.1080/00207548408942481
Publication status	Published - 1984

Keywords

production planning
optimization
linear model

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AB - The paper presents two new solution procedures for a deterministic lot size problem, a matrix algorithm and a heuristic matrix method. The algorithm is based on the dual of a linear programming model formulation of the lot size problem, and it provides optimal solutions even in the general case of time-varying parameters. A comparison of the efficiency of the new solution procedures with well-known methods is developed. New applications of the techniques described within the fields of engineering (optimal design of a pump-pipe system) and economics (a model for import-planning) are referred to

KW - production planning

KW - optimization

KW - linear model

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Lot-sizing algorithms with applications to engineering and economics

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Keywords

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