CAPACITATED 2-STAGE MULTIITEM PRODUCTION INVENTORY MODEL WITH JOINT SETUP COSTS

成果类型:
Article
署名作者:
ANILY, S; FEDERGRUEN, A
署名单位:
Columbia University
刊物名称:
OPERATIONS RESEARCH
ISSN/ISSBN:
0030-364X
DOI:
10.1287/opre.39.3.443
发表日期:
1991
页码:
443-445
关键词:
INVENTORY PRODUCTION MULTIITEM ECHELON STAGE POLICIES FOR 2-STAGE CAPACITATED MULTIITEM MODELS
摘要:
We analyze a continuous-time, two-stage production/inventory system. In the first stage, a common intermediate product is produced in batches, and possibly stored. In the second phase, the intermediate product is fabricated into n distinct finished products. Several finished products may be included in a single production batch of limited capacity to exploit economies of scale. We propose a planning methodology to address the combined problem of joint setup costs and capacity limits (per setup). We restrict ourselves to a class of replenishment strategies with the following properties: a replenishment strategy specifies a collection of families (subsets of items) covering all end-items; if an item belongs to several families a specific fraction of its sales is assigned to each family. Each time the inventory of one item in a family is replenished, the inventories of all other items in the family are replenished as well. We derive a simple (roughly 0(n log n)) algorithm that results in a strategy whose long-run average cost comes within a few percentage points of a lower bound for the minimum achievable cost (within the above class of strategies).