Article ID: | iaor19931684 |
Country: | Netherlands |
Volume: | 28 |
Issue: | 3 |
Start Page Number: | 283 |
End Page Number: | 288 |
Publication Date: | Dec 1992 |
Journal: | International Journal of Production Economics |
Authors: | Chand Suresh, Voros Jozsef |
Keywords: | heuristics |
In this paper, the multi-stage inventory model is analysed in the backlogging case and a cost modification structure is suggested with the help of which the performance of the level-by-level heuristics can be improved. The performance of these improved heuristics is also investigated in special input structures where simple level-by-level heuristics show extremely bad results.