Determining Lot Sizes in Production Areas: Exact Calculations versus Research Based Estimation
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In: Procedia CIRP, Vol. 28, 2015, p. 143-148.
Research output: Journal contributions › Journal articles › Research › peer-review
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RIS
TY - JOUR
T1 - Determining Lot Sizes in Production Areas
T2 - Exact Calculations versus Research Based Estimation
AU - Schmidt, Matthias
AU - Münzberg, B.
AU - Nyhuis, Peter
N1 - 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. Publisher Copyright: © 2014 The Authors. Published by Elsevier B.V.
PY - 2015
Y1 - 2015
N2 - 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.
AB - 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.
KW - Engineering
KW - Production Planning and Control
KW - Production Management
KW - Production Logistics
KW - Logistic Objectives
KW - Lot Sizing
UR - http://www.scopus.com/inward/record.url?scp=84939521666&partnerID=8YFLogxK
U2 - 10.1016/j.procir.2015.04.024
DO - 10.1016/j.procir.2015.04.024
M3 - Journal articles
VL - 28
SP - 143
EP - 148
JO - Procedia CIRP
JF - Procedia CIRP
SN - 2212-8271
ER -