Resource Allocation with Lumpy Demand:
نویسنده
چکیده
Given multiple products with unique lumpy demand patterns, this paper explores the determination of both the lot size for each product and the resource allocation among the products, given an investment budget for production rate improvements. Each products optimal production policy takes on only one of two forms: either continuous production or lot-for-lot production. A heuristic procedure decomposes the problem into a mixed integer program and a nonlinear convex resource allocation problem. The model can be extended to allow the firm to simultaneously alter both the production rates and the incoming demand lot sizes through quantity discounts. by Bintong Chen and Charles L. Munson Washington State University
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