Theoretical relationship between the cluster size of orders in the materials requirement planning
T.D. Tobares,
M.M. Mieras,
R.R. Palma and
F.O. Sanchez-Varretti
International Journal of Logistics Systems and Management, 2023, vol. 46, issue 1, 27-46
Abstract:
In times of globalisation and competitive markets, it is crucial for organisations to focus their activities on processes planned to promote efficiency. Material requirements planning addresses the need to consider various alternative techniques of organisation in order to acquire the capacity for constant adaptation to demand. The objective of our work is to develop a model that allows us to determine the optimal lot sizing with lower costs by using a mathematical model applicable to all the options of material requirement. The study focuses, analytically and graphically, on the behaviour of the system when clusters are carried out in a certain set of orders. It is intended that organisations take advantage of the generation, integration and analysis of data throughout the production process for real-time decision making.
Keywords: lot sizing; materials; clusters; optimisation. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijlsma:v:46:y:2023:i:1:p:27-46
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