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1 – 10 of over 52000Past research in examining the performance of alternativelot‐sizing rules has focused on the total cost of inventory carryingcost and set‐up cost. Although this cost‐related…
Abstract
Past research in examining the performance of alternative lot‐sizing rules has focused on the total cost of inventory carrying cost and set‐up cost. Although this cost‐related performance measure is significant for evaluating the overall efficiency of production systems, there are other variations such as frequent rescheduling, generally referred to as system nervousness, occurring that would affect the production scheduling and subsequently the system performance. Expands the performance criteria to re‐evaluate the effectiveness of using several commonly tested lot‐sizing rules in a multi‐level MRP system under stochastic operating environments by means of a simulation study. Results indicate that the Silver‐Meal algorithm seem to perform very well under most operating environments tested. Also, the operating environments play a significant role in the relative performance of lot‐sizing rules tested.
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The purchasing function is growing in importance in today's industrial economy. In many purchasing situations there are a number of conflicting considerations that influence the…
Abstract
The purchasing function is growing in importance in today's industrial economy. In many purchasing situations there are a number of conflicting considerations that influence the final purchasing decision. The professional purchasing person must make profitable buying decisions under these circumstances. The single item purchase lot sizing literature in the past has served as the foundation for developing and studying the requirements planning based models and techniques. The purchasing manager's methods for making quantity (lot size) decisions are examined. Significant literature on the subject is classified and a taxonomy provided. Variations within the purchase lot sizing literature are discussed. Purchase lot sizing literature has important limitations by focusing exclusively on lot sizing as the relevant criterion for making economic order size decisions. A logical extension would be to include, the economic performance of alternative lot size procedures in a capacitated Materials Requirement Planning (MRP) environment. Another extension should consider the economics of jointly ordering from one vendor.
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A comprehensive review of the literature for the problem oflot‐size scheduling (serial and assembly) considering the uncapacitatedproblem and complicated capacitated assembly…
Abstract
A comprehensive review of the literature for the problem of lot‐size scheduling (serial and assembly) considering the uncapacitated problem and complicated capacitated assembly manufacturing structure. Analyses the different solution techniques and findings for each product set.
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Recently several authors have concentrated their efforts indeveloping models to determine the economic lot size for multi‐stagesystems. This is due to the fact that an increasing…
Abstract
Recently several authors have concentrated their efforts in developing models to determine the economic lot size for multi‐stage systems. This is due to the fact that an increasing number of organisations are implementing material requirements planning systems. Numerous models have been developed and tested on problems with finite and rolling horizons and with deterministic time varying demand patterns.
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Y.Y. Lee, B.A. Kramer and C.L. Hwang
Most of the literature published regarding the performance oflot‐sizing algorithms has been in a deterministic environment. The firstobjective of this article is to propose a way…
Abstract
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 lotsizing 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.
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Fuli Zhou, Panpan Ma, Yandong He, Saurabh Pratap, Peng Yu and Biyu Yang
With an increasingly fierce competition of the shipbuilding industry, advanced technologies and excellent management philosophies in the manufacturing industry are gradually…
Abstract
Purpose
With an increasingly fierce competition of the shipbuilding industry, advanced technologies and excellent management philosophies in the manufacturing industry are gradually introduced to domestic shipyards. The purpose of this study is to promote the lean management of Chinese ship outfitting plants by lean production strategy.
Design/methodology/approach
To promote the lean implementation of Chinese shipyards, the lean practice of ship-pipe part production is highlighted by lot-sizing optimization and strategic CONWIP (constant work-in-process) control. A nonlinear programming model is formulated to minimize the total cost of ship-pipe part manufacturing and the particle swarm optimization (PSO)-based algorithm is designed to resolve the established model. Besides, the pull-from-the-bottleneck (PFB) strategy is used to control ship-pipe part production, verified by Simulink simulation.
Findings
Results show that the proposed lean strategy of the programming model and strategic PFB control could assist Chinese ship outfitting plants to leverage competitive advantage by waste reduction and lean achievement. Specifically, the PFB double-loop control strategy shows better performance when there is high productivity and the PFB single-loop control outperforms at lower productivity scenarios.
Practical implications
To verify the effectiveness of the proposed lean strategy, a case study is performed to validate the formulated model. Also, simulation experiments realized by FlexSim software are conducted to testify results obtained by the constructed programming model.
Originality/value
Lean production management practice of the shipyard building industry is performed by the proposed lean production strategy through lot-sizing optimization and strategic PFB control in terms of ship-pipe part manufacturing.
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The EOQ formula is definitely the oldest and best known single stage lot sizing technique. Its use reportedly dates back to 1904, even though it was not published until a later…
Abstract
The EOQ formula is definitely the oldest and best known single stage lot sizing technique. Its use reportedly dates back to 1904, even though it was not published until a later date. It is often looked upon with scepticism by practitioners and academicians alike, although the reasons for this may differ; it seems, however, to be the most widely used lot sizing technique overall.
Maedeh Bank, Mohammad Mahdavi Mazdeh, Mahdi Heydari and Ebrahim Teimoury
The aim of this paper is to present a method for finding the optimum balance between sequence-dependent setup costs, holding costs, delivery costs and delay penalties in an…
Abstract
Purpose
The aim of this paper is to present a method for finding the optimum balance between sequence-dependent setup costs, holding costs, delivery costs and delay penalties in an integrated production–distribution system with lot sizing decisions.
Design/methodology/approach
Two mixed integer linear programming models and an optimality property are proposed for the problem. Since the problem is NP-hard, a genetic algorithm reinforced with a heuristic is developed for solving the model in large-scale settings. The algorithm parameters are tuned using the Taguchi method.
Findings
The results obtained on randomly generated instances reveal a performance advantage for the proposed algorithm; it is shown that lot sizing can reduce the average cost of the supply chain up to 11.8%. Furthermore, the effects of different parameters and factors of the proposed model on supply chain costs are examined through a sensitivity analysis.
Originality/value
Although integrated production and distribution scheduling in make-to-order industries has received a great deal of attention from researchers, most researchers in this area have treated each order as a job processed in an uninterrupted time interval, and no temporary holding costs are assumed. Even among the few studies where temporary holding costs are taken into consideration, none has examined the effect of splitting an order at the production stage (lot sizing) and the possibility of reducing costs through splitting. The present study is the first to take holding costs into consideration while incorporating lot sizing decisions in the operational production and distribution problem.
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Mohammad Saeid Atabaki, Seyed Hamid Reza Pasandideh and Mohammad Mohammadi
Lot-sizing is among the most important problems in the production and inventory management field. The purpose of this paper is to move one step forward in the direction of the…
Abstract
Purpose
Lot-sizing is among the most important problems in the production and inventory management field. The purpose of this paper is to move one step forward in the direction of the real environment of the dynamic, multi-period, lot-sizing problem. For this purpose, a two-warehouse inventory system, imperfect quality and supplier capacity are simultaneously taken into consideration, where the aim is minimization of the system costs.
Design/methodology/approach
The problem is formulated in a novel continuous nonlinear programming model. Because of the high complexity of the lot-sizing model, invasive weed optimization (IWO), as a population-based metaheuristic algorithm, is proposed to solve the problem. The designed IWO benefits from an innovative encoding–decoding procedure and a heuristic operator for dispersing seeds. Moreover, sequential unconstrained minimization technique (SUMT) is used to improve the efficiency of the IWO.
Findings
Taking into consideration a two-warehouse system along with the imperfect quality items leads to model nonlinearity. Using the proposed hybrid IWO and SUMT (SUIWO) for solving small-sized instances shows that SUIWO can provide satisfactory solutions within a reasonable computational time. In comparison between SUIWO and a parameter-tuned genetic algorithm (GA), it is found that when the size of the problem increases, the superiority of SUIWO to GA to find desirable solutions becomes more tangible.
Originality/value
Developing a continuous nonlinear model for the concerned lot-sizing problem and designing a hybrid IWO and SUMT based on a heuristic encoding–decoding procedure are two main originalities of the present study.
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Masoud Rabbani, Soroush Aghamohamadi Bosjin, Neda Manavizadeh and Hamed Farrokhi-Asl
This paper aims to present a novel bi-objective mathematical model for a production-inventory system under uncertainty.
Abstract
Purpose
This paper aims to present a novel bi-objective mathematical model for a production-inventory system under uncertainty.
Design/methodology/approach
This paper addresses agile and lean manufacturing concepts alongside with green production methods to design an integrated capacitated lot sizing problem (CLSP). From a methodological perspective, the problem is solved in three phases. In the first step, an FM/M/C queuing system is used to minimize the number of customers waited to receive their orders. In the second step, an effective approach is applied to deal with the fuzzy bi-objective model and finally, a hybrid metaheuristic algorithm is used to solve the problem.
Findings
Some numerical test problems and sensitivity analyzes are conducted to measure the efficiency of the proposed model and the solution method. The results validate the model and the performance of the solution method compared to Gams results in small size test problems and prove the superiority of the hybrid algorithm in comparison with the other well-known metaheuristic algorithms in large size test problems.
Originality/value
This paper presents a novel bi-objective mathematical model for a CLSP under uncertainty. The proposed model is conducted on a practical case and several sensitivity analysis are conducted to assess the behavior of the model. Using a queue system, this problem aims to reduce the items waited in the queue to receive service. Two objective functions are considered to maximize the profit and minimize the negative environmental effects. In this regard, the second objective function aims to reduce the amount of emitted carbon.
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