The production of several items in a single facility with linearly changing demand rates

The production of several items in a single facility with linearly changing demand rates

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Article ID: iaor20032276
Country: United States
Volume: 33
Issue: 3
Start Page Number: 317
End Page Number: 346
Publication Date: Jul 2002
Journal: Decision Sciences
Authors: , ,
Keywords: programming: mathematical
Abstract:

In this paper we extend the economic lot sizing for production (ELSP) model to allow for linearly changing demand rates over a fixed planning horizon. This extension of the ELSP research provides a model that can be used in coordinating the production and marketing planning activities in a firm. The model allows the user to evaluate the impact of changes in product demand on production costs and customer service. We solve the model using a standard nonlinear programming package and show through examples based on actual production data how the model can be used to support coordinated production and marketing planning.

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