Volume 17, Issue 2 (4-1998)                   JCME 1998, 17(2): 43-56 | Back to browse issues page

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Abstract:   (1875 Views)
This paper considers the Economic Lot Scheduling Problem, that is, the problem of scheduling several products on a single facility so as to minimize holding and setup costs. Combination of frequency and timing as well as production quantity make this problem Np-hard. A heuristic is developed to obtain a good solution to ELSP. The proposed heuristic makes use of the Simulated Annealing Technique. This heuristic gives a sharper upper bound upper bound to holding and setup costs.
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Type of Study: Research | Subject: General
Received: 2014/10/25 | Published: 1998/04/15