Open AccessAn Improved Algorithm for Finding Optimal Lot Sizing Policies for Finite Production Rate Assembly Systems
Author(s) -
R. Roundy,
Daning Sun
Publication year - 1994
Publication title -
operations research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.797
H-Index - 140
eISSN - 1526-5463
pISSN - 0030-364X
DOI - 10.1287/opre.42.3.562
Subject(s) - sizing , production (economics) , production rate , mathematical optimization , computer science , algorithm , mathematics , engineering , economics , industrial engineering , microeconomics , art , visual arts
We show that an O(n3 log n) algorithm can find optimal power-of-two lot size policies for finite production rate assembly systems. This Improves an O(n5) algorithm proposed in D. Atkins, M. Queyranne and D. Sun's 1992 paper.
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