Determining Lot Sizes in Production Areas: Exact Calculations versus Research Based Estimation

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Authors

Determining lot sizes in production areas is an essential task of production planning and control. Due to the growing number of product variants, calculating economical lot sizes is becoming increasingly important in the industrial practice. Although planning lot sizes plays an important role in industrial production, existing methods only partially consider the variety of impacts. This paper presents existing methods and discusses their impact on the multi-criteria objective achievement of industrial companies. Based on actual case studies the logistical and economical relevance of determining lot sizes is illustrated and the suitability of different approaches for industrial practice is discussed.
Original languageEnglish
JournalProcedia CIRP
Volume28
Pages (from-to)143-148
Number of pages6
ISSN2212-8271
DOIs
Publication statusPublished - 2015

Bibliographical note

Selection and peer
-review under responsibility of the International Scientific Committee of the “3rd CIRP Global Web Conference” in the person of
the Conference Chair Dr. Alessandra Caggiano.

    Research areas

  • Engineering - Production Planning and Control, Production Management, Production Logistics, Logistic Objectives, Lot Sizing

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DOI