Optimal Aggregation of Multi-Item Production Smoothing Models

G. J. Gaalman
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G. J. Gaalman: Twente University of Technology, Enschede, The Netherlands

Management Science, 1978, vol. 24, issue 16, 1733-1739

Abstract: This paper presents a method for aggregating multi-item versions of the HMMS model. Necessary conditions are used to reduce the multi-item model to a one-item model. The aggregation technique makes use of the structural properties of the inventory-production part of the model and can be performed regardless the structure of the work force-total production part. Disaggregation of the optimal decisions of the aggregated model gives the optimal decisions of the multi-item model.

Keywords: production/scheduling (search for similar items in EconPapers)
Date: 1978
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:inm:ormnsc:v:24:y:1978:i:16:p:1733-1739

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