Economic lot size determination in finite production rate multi-stage assembly systems under power-of-two policies
AuthorAndere-Rendon, Jose, 1963-
AdvisorGoldberg, Jeffrey B.
MetadataShow full item record
PublisherThe University of Arizona.
RightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
AbstractIn this thesis, we consider determining the economic lot sizes for a finite production rate assembly system with n facilities. Costs at each facility consist of a stationary positive echelon holding cost, and a fixed set up cost. The goal is to determine the production lot size at each facility in order to minimize the long-run total average cost of the system. Power-of-two policies, in which the lot size at each facility is a power of two times some base lot size, are considered. A 94%-effective power-of-two policy is determined from the optimal solution to a continuous relaxation problem by an O(n) algorithm, while a 98%-effective power-of-two policy is found using an O(n log n) algorithm. Near optimal solutions to the continuous relaxation problem are found by a subgradient optimization procedure and a cyclic coordinate descent method. Computational results suggest both methods are efficient for very large systems.
Degree ProgramGraduate College
Systems and Industrial Engineering