| Article ID: | iaor1988910 |
| Country: | United States |
| Volume: | 21 |
| Issue: | 1 |
| Start Page Number: | 11 |
| End Page Number: | 20 |
| Publication Date: | Mar 1989 |
| Journal: | IIE Transactions |
| Authors: | Jones Philip C., Inman Robert R. |
| Keywords: | production, scheduling |
The Economic Lot Scheduling Problem, common in industry and the literature as well, is NP-hard and remains unsolved in general. The authors show that the very simple Rotation Cycle scheduling rule produces optimal or nearly optimal schedules in very many realistic situations and they give upper bounds for the maximum percentage deviation of the Rotation Cycle’s schedule from optimality. An implication for Group Technology is discussed.