IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v35y1987i3p329-345.html
   My bibliography  Save this article

OR Practice—Determining Lot Sizes and Resource Requirements: A Review

Author

Listed:
  • Harish C. Bahl

    (State University of New York at Buffalo, Buffalo, New York)

  • Larry P. Ritzman

    (Ohio State University, Columbus, Ohio)

  • Jatinder N. D. Gupta

    (Ball State University, Muncie, Indiana)

Abstract

Inventory planning can become extremely complicated in situations with nontrivial setup times and/or costs. The pervasiveness of this type of problem in actual practice, combined with its computational complexity, has long attracted researchers' attention. Although the most general model formulations still defy optimization when applied to realistically sized problems, many recent contributions are both innovative and promising. This article concentrates on the lot-sizing and capacity dimensions of production planning. We review selected contributions in four major categories, drawing from both practitioner- and research-based literature. We assess the strengths and weaknesses of these contributions, and suggest promising research avenues. We conclude that capacity limitations, as well as other realities of plant environments, such as scrap, demand uncertainties or inaccurate data, are the Achilles heel of lot-sizing research. Directing attention to these complex environments is a challenge that offers great rewards for actual implementation.

Suggested Citation

  • Harish C. Bahl & Larry P. Ritzman & Jatinder N. D. Gupta, 1987. "OR Practice—Determining Lot Sizes and Resource Requirements: A Review," Operations Research, INFORMS, vol. 35(3), pages 329-345, June.
  • Handle: RePEc:inm:oropre:v:35:y:1987:i:3:p:329-345
    DOI: 10.1287/opre.35.3.329
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.35.3.329
    Download Restriction: no

    File URL: https://libkey.io/10.1287/opre.35.3.329?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Daniel Quadt & Heinrich Kuhn, 2009. "Capacitated lot‐sizing and scheduling with parallel machines, back‐orders, and setup carry‐over," Naval Research Logistics (NRL), John Wiley & Sons, vol. 56(4), pages 366-384, June.
    2. Fabrizio Marinelli & Maria Nenni & Antonio Sforza, 2007. "Capacitated lot sizing and scheduling with parallel machines and shared buffers: A case study in a packaging company," Annals of Operations Research, Springer, vol. 150(1), pages 177-192, March.
    3. Sônia Poltroniere & Kelly Poldi & Franklina Toledo & Marcos Arenales, 2008. "A coupling cutting stock-lot sizing problem in the paper industry," Annals of Operations Research, Springer, vol. 157(1), pages 91-104, January.
    4. Brahimi, Nadjib & Absi, Nabil & Dauzère-Pérès, Stéphane & Nordli, Atle, 2017. "Single-item dynamic lot-sizing problems: An updated survey," European Journal of Operational Research, Elsevier, vol. 263(3), pages 838-863.
    5. Alf Kimms, 1998. "Ablauforganisation bei Serienproduktion in Fließfertigungssystemen," Schmalenbach Journal of Business Research, Springer, vol. 50(7), pages 641-655, July.
    6. D-H Lee & P Xirouchakis, 2004. "A two-stage heuristic for disassembly scheduling with assembly product structure," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 55(3), pages 287-297, March.
    7. Drexl, Andreas & Kimms, Alf, 1996. "Lot sizing and scheduling: Survey and extensions," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 421, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    8. A. Kimms, 1997. "Demand shuffle—A method for multilevel proportional lot sizing and scheduling," Naval Research Logistics (NRL), John Wiley & Sons, vol. 44(4), pages 319-340, June.
    9. Drexl, Andreas & Fleischmann, B. & Günther, H.-O. & Stadtler, H. & Tempelmeier, H., 1993. "Konzeptionelle Grundlagen kapazitätsorientierter PPS-Systeme," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 315, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    10. Drexl, Andreas & Haase, Knut, 1992. "A new type of model for multi-item capacitated dynamic lotsizing and scheduling," Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 286, Christian-Albrechts-Universität zu Kiel, Institut für Betriebswirtschaftslehre.
    11. S. Selcuk Erenguc & H. Murat Mercan, 1990. "A multifamily dynamic lot‐sizing model with coordinated replenishments," Naval Research Logistics (NRL), John Wiley & Sons, vol. 37(4), pages 539-558, August.
    12. Wu, Xiang & (Yale) Gong, Yeming & Xu, Haoxuan & Chu, Chengbin & Zhang, Jinlong, 2017. "Dynamic lot-sizing models with pricing for new products," European Journal of Operational Research, Elsevier, vol. 260(1), pages 81-92.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:oropre:v:35:y:1987:i:3:p:329-345. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.