Operation routeing with lot sizing consideration in a manufacturing system

Operation routeing with lot sizing consideration in a manufacturing system

0.00 Avg rating0 Votes
Article ID: iaor1990134
Country: United Kingdom
Volume: 28
Issue: 3
Start Page Number: 503
End Page Number: 515
Publication Date: Mar 1990
Journal: International Journal of Production Research
Authors: ,
Keywords: production
Abstract:

Process planning and inventory control are important manufacturing functions; proper execution of these functions can result in large cost savings. Process planning is typically responsible for identification and sequencing of required manufacturing processes. Inventory control then uses the result of process planning activities to determine economic production quantities. Today, this sequential decision process is commonly used in industry. However, although easy to implement, it cannot guarantee that an overall minimum cost plan will be generated. An integrated approach to process planning and inventory control functions should presumably yield better results. Such an integrated approach is presented in this paper. The problem is formulated as a constrained optimization model with sequence-dependent set-up and processing costs. Dynamic programming is used to solve the model.

Reviews

Required fields are marked *. Your email address will not be published.