DETERMINING OPTIMAL FLOW-TIME SCHEDULES FOR THE MULTIPLE-PRODUCT BATCH-FLOW PROBLEM
Paul Schikora,
Andrew Manikas and
Michael Godfrey
International Journal of Management and Marketing Research, 2015, vol. 8, issue 2, 19-35
Abstract:
We explore the problem of batch flow production scheduling on a single machine with deterministic demand and arrivals over a finite horizon. The objective of the production system is to minimize total flow-time over the horizon to reduce in-process inventory levels and to enable a company to compete on reduced leadtimes. Prior research has established optimal single job batch quantities. However, with multiple jobs on the shop floor, a job may incur wait time, thus the optimal local batch size for a given job may not result in global minimization of the total flow-time over all jobs. Our algorithm provides optimal results for batching with different products in a capacitated production environment. Numerous recommendations for further research are presented
Keywords: Scheduling; Single Machine; Batch; Flow-Time; Lead-Time (search for similar items in EconPapers)
JEL-codes: M11 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:ijmmre:v:8:y:2015:i:2:p:19-35
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