A Comparison of Exact and Heuristic Routines for Lot Size Determination in Multi-Stage Assembly Systems (Classic Reprint) - Hardcover

W. B. Crowston

9780484136174: A Comparison of Exact and Heuristic Routines for Lot Size Determination in Multi-Stage Assembly Systems (Classic Reprint)

Hardcover

ISBN 10: 0484136178 ISBN 13: 9780484136174

Publisher: Forgotten Books, 2022

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Mastering lot sizing in multi‑stage production

Learn practical methods for determining optimal and near‑optimal lot sizes in complex assembly networks. This book shows how to balance setup costs and production rates to minimize total inventory and operating costs.

The text explains a model of a multi‑stage system where stages may involve material acquisition, manufacturing, or assembly. It covers both heuristic rules and a dynamic programming approach, revealing how each method searches for cost‑saving lot sizes. You’ll see how independent or linked stages affect inventory and how integrality constraints shape the solution. The material includes examples, figures, and computational results to illustrate the concepts in real‑world settings.

How to frame a multi‑stage production problem with clear cost components
Three heuristic search strategies that explore feasible lot sizes
How dynamic programming guarantees an optimal solution and when it’s practical
Interpretation of results and typical outcomes in tested problems

Ideal for readers of operations research, production planning, and industrial engineering who want concrete methods and evidence‑based guidance for real systems.

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