Article ID: | iaor1991182 |
Country: | Netherlands |
Volume: | 44 |
Issue: | 1 |
Start Page Number: | 11 |
End Page Number: | 16 |
Publication Date: | Jan 1990 |
Journal: | European Journal of Operational Research |
Authors: | Stern Helman I., Avivi Zion |
This paper describes a case study of a textile firm. The problem was reduced to a 0-1 integer program which selects the best subset of orders that maximizes revenue while meeting due dates (a problem that is NP-hard). Because of the limited technical competence of the firm’s employees a ‘best of three heuristic’ solution procedure was proffered. Each of the heuristics are greedy with polynomial complexity of O(