IDEAS home Printed from https://ideas.repec.org/h/spr/isochp/978-3-319-26024-2_2.html
   My bibliography  Save this book chapter

Estimating the Costs of Planned Changes Implied by Freezing Production Plans

In: Heuristics, Metaheuristics and Approximate Methods in Planning and Scheduling

Author

Listed:
  • Po-Chen Lin

    (North Carolina State University)

  • Reha Uzsoy

    (North Carolina State University)

Abstract

The use of production planning algorithms on a rolling horizon basis is very common in practice. However, this leads to frequent changes in planned quantities for future periods which may adversely impact support activities such as material preparation, staffing, and setup planning. In this chapter we examine two widely used approaches for this problem, the use of change costs to penalize changes in planned quantities and freezing of the plan by prohibiting any changes in some number of periods in the near future. We use a linear programming model of a single-product single-stage system to develop insights into the conditions when the two approaches are equivalent. Specifically, we derive lower bounds on the values of the change costs which will ensure freezing of the plan in a given planning epoch, and present numerical results to illustrate our findings.

Suggested Citation

  • Po-Chen Lin & Reha Uzsoy, 2016. "Estimating the Costs of Planned Changes Implied by Freezing Production Plans," International Series in Operations Research & Management Science, in: Ghaith Rabadi (ed.), Heuristics, Metaheuristics and Approximate Methods in Planning and Scheduling, edition 1, chapter 0, pages 17-44, Springer.
    • Handle: RePEc:spr:isochp:978-3-319-26024-2_2
    DOI: 10.1007/978-3-319-26024-2_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:isochp:978-3-319-26024-2_2. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.