Article ID: | iaor2004148 |
Country: | Netherlands |
Volume: | 85 |
Issue: | 1 |
Start Page Number: | 113 |
End Page Number: | 121 |
Publication Date: | Jan 2003 |
Journal: | International Journal of Production Economics |
Authors: | Jeunet Jully, Dallaert Nico |
Keywords: | lot sizing |
We require the multi-level lot-sizing problem in a rolling-schedule environment as it occurs in Material Requirements Planning systems, with no capacity constraints and a time-invariant cost structure. We show that the performance of fixed-horizon methods can be improved drastically in a rolling-schedule environment. We consider several improvement methods, such as the use of discounted costs and implementing a make-to-stock policy for the basic components.