A heuristic approach for big bucket multi-level production planning problems

Kerem AkartunalI and Andrew J. Miller

European Journal of Operational Research, 2009, vol. 193, issue 2, 396-411

Abstract: Multi-level production planning problems in which multiple items compete for the same resources frequently occur in practice, yet remain daunting in their difficulty to solve. In this paper, we propose a heuristic framework that can generate high quality feasible solutions quickly for various kinds of lot-sizing problems. In addition, unlike many other heuristics, it generates high quality lower bounds using strong formulations, and its simple scheme allows it to be easily implemented in the Xpress-Mosel modeling language. Extensive computational results from widely used test sets that include a variety of problems demonstrate the efficiency of the heuristic, particularly for challenging problems.

Keywords: Integer; programming; Production; planning; Heuristics; Relax-and-fix; Strong; formulations (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (28)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:193:y:2009:i:2:p:396-411

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