A general approach to multi-item capacitated dynamic lot-sizing problems

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)Not applicablepeer-review

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Detail(s)

Original languageEnglish
Title of host publication2009 International Conference on Computers and Industrial Engineering, CIE 2009
Pages797-802
Publication statusPublished - 2009

Conference

Title2009 International Conference on Computers and Industrial Engineering, CIE 2009
PlaceFrance
CityTroyes
Period6 - 9 July 2009

Abstract

In this paper, we solve the multi-item capacitated dynamic lot-sizingproblems, where each item faces a series of dynamic demand and in each period,multiple items share limited production resources. The objective is to find theoptimal production plan so as to minimize the total cost, including productioncost, inventory holding cost, and fixed setup cost. We consider bothsingle-level and multi-level cases; in the multi-level case, some items areconsumed in order to produce some other items and therefore, items faceinternally generated demands in addition to external demands. We propose asimple two-stage approach, which is applicable to both classes of problems.Extensive experiments show that the approach gives very good performancecompared with the existing methods. We then provide an analysis on how thesuperior performance is achieved. Besides its performance, one appealing featureof our method is its simplicity and general applicability. © 2009 IEEE.

Research Area(s)

  • Capacitated, Dynamic lot-sizing, Multi-item, Multi-level, Production planning, Single-level

Citation Format(s)

A general approach to multi-item capacitated dynamic lot-sizing problems. / Li, Yanzhi; Tao, Yi; Wang, Fan.

2009 International Conference on Computers and Industrial Engineering, CIE 2009. 2009. p. 797-802 5223912.

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)Not applicablepeer-review