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) |
|---|---|
| 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