Economic lot scheduling with deliberated and controlled coproduction

This paper presents an algorithm to define the optimal parameters for deliberated and controlled coproduction in an economic lot scheduling problem setting (DCCELSP). Coproduction is said to be deliberated and controlled because it is possible to decide whether or not to coproduce when all the param...

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Autores:
Tipo de recurso:
Fecha de publicación:
2012
Institución:
Universidad Tecnológica de Bolívar
Repositorio:
Repositorio Institucional UTB
Idioma:
eng
OAI Identifier:
oai:repositorio.utb.edu.co:20.500.12585/9100
Acceso en línea:
https://hdl.handle.net/20.500.12585/9100
Palabra clave:
Controlled coproduction
Deliberated coproduction
Lot sizing
Production
Scheduling
Co-production
Cost advantages
Deliberated coproduction
Economic lot scheduling
Economic lot scheduling problems
Gain insight
Holding costs
Lot sizing
Optimal parameter
Production rates
Two-product
Optimization
Production
Scheduling
Rights
restrictedAccess
License
http://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary:This paper presents an algorithm to define the optimal parameters for deliberated and controlled coproduction in an economic lot scheduling problem setting (DCCELSP). Coproduction is said to be deliberated and controlled because it is possible to decide whether or not to coproduce when all the parameters associated with the process are known. The aim is to determine how to produce two products most economically where deliberated coproduction is an option. For this purpose, a procedure for defining optimal lot periods is introduced. Two models are proposed for this procedure and a numerical illustration is provided to gain insight into their dynamics. The cost advantages of coproduction were found to depend on the relationship between setup and holding costs, production rates, and demand for products. The more similar these system parameters are and the higher the machine usage ratio is, the more favourable coproduction is. Additionally, if coproduction is not deliberated appropriately, costs soar. © 2011 Elsevier B.V. All rights reserved.