Abstract

This paper considers a single-item, uncapacitated lot-sizing problem in MRP system, and new heuristic approaches, called Forward-Forward (FF) method and Forward-Backward (FB) method, are proposed. These methods are based on Silver-Meal (SM) method. For the initial production plan obtained by SM method, a cost minimum procedure for successive two lot-sizing periods is repeated forward from the first period or backward from the last period, which results the decrease of total cost for whole planning horizon. And to evaluate the performance of FF and FB methods, four heuristic approaches (FF, FB, SM, Part-Period-Balancing) are compared in fixed horizon and rolling horizon environments. By testing each method for various coefficiences of cost (set-up, holding) and demand variance, the cost deviation from the minimum cost by Wagner-Whitin (WW) method is analyzed. The result has showed that FF, FB methods may outperform the other heuristics and even WW method for, rolling horizon.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.