Production Runs for Multiple Products: The Two-Product Heuristic
Alan L. Saipe
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Alan L. Saipe: York University, Canada
Management Science, 1977, vol. 23, issue 12, 1321-1327
Abstract:
The optimal solution is presented for the problem of determining production run sizes for two products which must be produced on the same machine. This solution forms the basis for a heuristic solution to the N product problem. This heuristic provides uniformly better results than the complete-cycle heuristic for this problem. Numerical examples are presented to illustrate the method.
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:23:y:1977:i:12:p:1321-1327
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