Accession Number:

ADA053244

Title:

The Multi-Product Production Cycling Problem: Testing of Heuristics.

Descriptive Note:

Technical rept.,

Corporate Author:

MASSACHUSETTS INST OF TECH CAMBRIDGE OPERATIONS RESEARCH CENTER

Personal Author(s):

Report Date:

1978-03-01

Pagination or Media Count:

23.0

Abstract:

The multi-product production cycling problem is concerned with the determination of a productioninventory policy for a single capacitated production facility which is dedicated to producing a family of products. In an earlier paper, heuristic policies were proposed for various versions of the multi-product problem. This paper tests the effectiveness of these heuristics by simulation. It is seen that the proposed heuristic utilizing composite products and the lead-time adjustment, is the most effective of the heuristics considered over the set of test problems for the identical-product problem. Likewise, the composite product heuristic is the best heuristic for the identical-cost problem and the correlated demand problem. Author

Subject Categories:

  • Operations Research
  • Manufacturing and Industrial Engineering and Control of Production Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE