Tactical Production and Lot Size Planning with Lifetime Constraints: A Comparison of Model Formulations

Andrea Raiconi, Julia Pahl (), Monica Gentili, Stefan Voß and Raffaele Cerulli ()
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Andrea Raiconi: Department of Mathematics, University of Salerno, Italy
Julia Pahl: SDU Engineering Operations Management, Department of Technology and Innovation, University of Southern Denmark, Denmark
Monica Gentili: Department of Mathematics, University of Salerno, Italy3Industrial Engineering Department, J. B. Speed School of Engineering, University of Louisville, USA
Stefan Voß: Institute of Information Systems, University of Hamburg, Germany4Escuela de Ingeniería Industrial, Pontificia Universidad Católica de Valparaíso, Chile
Raffaele Cerulli: Department of Mathematics, University of Salerno, Italy

Asia-Pacific Journal of Operational Research (APJOR), 2017, vol. 34, issue 05, 1-24

Abstract: In this work, we face a variant of the capacitated lot sizing problem. This is a classical problem addressing the issue of aggregating lot sizes for a finite number of discrete periodic demands that need to be satisfied, thus setting up production resources and eventually creating inventories, while minimizing the overall cost. In the proposed variant we take into account lifetime constraints, which model products with maximum fixed shelflives due to several possible reasons, including regulations or technical obsolescence. We propose four formulations, derived from the literature on the classical version of the problem and adapted to the proposed variant. An extensive experimental phase on two datasets from the literature is used to test and compare the performance of the proposed formulations.

Keywords: Tactical production planning; lot sizing; lifetime constraints; perishability; mathematical models (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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DOI: 10.1142/S0217595917500191

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