Abstract
This paper presents a case study conducted at a rayon-yarn plant. (For commercial reasons, the identity of the company is concealed.) This study deals with the economic lot-sizing problem in a multi-stage, multi-facility and multi-product production-inventory system. The multi-level lot-sizing model suggested by Gunasekaran et al. (1990a) is used for the application. The application of the model helped to reduce the set-up and in-process inventory carrying costs. The consequences of implementing economic batch sizes obtained from the model are presented and compared with present practice.
Original language | English (US) |
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Pages (from-to) | 159-174 |
Number of pages | 16 |
Journal | European Journal of Operational Research |
Volume | 65 |
Issue number | 2 |
DOIs | |
State | Published - Mar 12 1993 |
All Science Journal Classification (ASJC) codes
- General Computer Science
- Modeling and Simulation
- Management Science and Operations Research
- Information Systems and Management