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An Advanced Resource Planning model is presented to support optimal lot size decisions for performance improvement of a production system in terms of either delivery time or setup related costs. Based on a queueing network, a model is developed for a mix of multiple products following their own...
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Integrated single-vendor single-buyer problem has received a lot of attention as it is the building block for wider supply chains. This paper considers a manufacturing system in which a single manufacturer procures raw materials from a single supplier, processes them to produce finished...
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The authors propose a procedure to model and determine the optimal batch sizes and their schedule in a serial multistage production process with constant demand rate for the final product. The model takes into consideration the batch setup time in each stage, the processing times of a batch as a...
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