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Optimal Aggregation of Multi-Item Production Smoothing Models

Author

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  • G. J. Gaalman

    (Twente University of Technology, Enschede, The Netherlands)

Abstract

This paper presents a method for aggregating multi-item versions of the HMMS model. Necessary conditions are used to reduce the multi-item model to a one-item model. The aggregation technique makes use of the structural properties of the inventory-production part of the model and can be performed regardless the structure of the work force-total production part. Disaggregation of the optimal decisions of the aggregated model gives the optimal decisions of the multi-item model.

Suggested Citation

  • G. J. Gaalman, 1978. "Optimal Aggregation of Multi-Item Production Smoothing Models," Management Science, INFORMS, vol. 24(16), pages 1733-1739, December.
    • Handle: RePEc:inm:ormnsc:v:24:y:1978:i:16:p:1733-1739
    DOI: 10.1287/mnsc.24.16.1733
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    Cited by:

    1. Wang, Xun & Disney, Stephen M., 2016. "The bullwhip effect: Progress, trends and directions," European Journal of Operational Research, Elsevier, vol. 250(3), pages 691-701.
    2. Veldman, Jasper & Gaalman, Gerard, 2014. "A model of strategic product quality and process improvement incentives," International Journal of Production Economics, Elsevier, vol. 149(C), pages 202-210.
    3. Chiu, Yuan-Shyi Peter & Huang, Chao-Chih & Wu, Mei-Fang & Chang, Huei-Hsin, 2013. "Joint determination of rotation cycle time and number of shipments for a multi-item EPQ model with random defective rate," Economic Modelling, Elsevier, vol. 35(C), pages 112-117.

    More about this item

    Keywords

    production/scheduling;

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