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|Title:||The economic lot scheduling problem under extended basic period and power-of-two policy|
Parametric search algorithm
|Source:||Sun, H., Huang, H.-C., Jaruphongsa, W. (2010). The economic lot scheduling problem under extended basic period and power-of-two policy. Optimization Letters 4 (2) : 157-172. ScholarBank@NUS Repository. https://doi.org/10.1007/s11590-009-0154-5|
|Abstract:||The economic lot scheduling problem schedules the production of several different products on a single machine over an infinite planning horizon. In this paper, a nonlinear integer programming model is used to determine the optimal solution under the extended basic period and power-of-two policy. A small-step search algorithm is presented to find a solution which approaches optimal when the step size approaches zero, where a divide-and-conquer procedure is introduced to speed up the search. Further a faster heuristic algorithm is proposed which finds the same solutions in almost all the randomly generated sample cases. © 2009 Springer-Verlag.|
|Source Title:||Optimization Letters|
|Appears in Collections:||Staff Publications|
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