| Article ID: | iaor1995426 |
| Country: | Netherlands |
| Volume: | 14 |
| Issue: | 5 |
| Start Page Number: | 265 |
| End Page Number: | 273 |
| Publication Date: | Dec 1993 |
| Journal: | Operations Research Letters |
| Authors: | Atkins Derek, De Shrikanta |
| Keywords: | probability |
Substantial savings on overhead costs are often possible for assembly systems, if component lot-sizes can be equalized and synchronized. The authors demonstrate that ‘Single Cycle’ or ‘kitting’ policies for lot sizing are suprisingly robust, by deriving a parameter dependent bound on their worst case performance. Demands are stochastic with full backlogging.