| Article ID: | iaor1992445 |
| Country: | United Kingdom |
| Volume: | 11 |
| Start Page Number: | 72 |
| End Page Number: | 80 |
| Publication Date: | Oct 1991 |
| Journal: | International Journal of Operations & Production Management |
| Authors: | Lee Y.Y., Kramer B.A., Hwang C.L. |
| Keywords: | production, fuzzy sets |
Most of the literature published regarding the performance of lot-sizing algorithms has been in a deterministic environment. The first objective of this article is to propose a way to incorporate fuzzy sets theory into lot-sizing algorithms for the case of uncertain demand in a fuzzy master production schedule. Triangular fuzzy numbers are used to represent uncertainty in the master production schedule. It is shown that the fuzzy sets theory approach provides a better representation of fuzzy demand and more information to aid the determination of lot size. The second objective is to evaluate three lot sizing methods: part-period balancing, Silver-Meal, and Wagner-Whitin. The performance of each lot-sizing algorithm was calculated over nine examples. The results indicate that the part-period balancing algorithm may be a better overall choice to determine lot sizes.