LOT-SIZING RULE AND FREEZING THE MASTER PRODUCTION SCHEDULE UNDER CAPACITY CONSTRAINT AND DETERMINISTIC DEMAND

Production and Operations Management · 2001 · Volume 10 · Issue 1

DOI: 10.1111/j.1937-5956.2001.tb00067.x

Abstract

This paper investigates the performance impact of lot-sizing rule (LSR) selection and freezing of the master production schedule (MPS) in multi-item single-level systems with a single resource constraint under deterministic demand. The results of the study show that the selection of LSRS and the parameters for freezing the MPS have a significant impact on total cost, schedule instability, and the service level of the system. However, the selection of LSRS does not significantly influence the selection of the MPS freezing parameters. The basic conclusions concerning the performance of the freezing parameters under a capacity constraint agreed with previous research findings without consideration of capacity constraints.

Keywords

MASTER PRODUCTION SCHEDULING, CAPACITATED LOT-SIZING, SCHEDULE INSTABILITY, CAPACITY CONSTRAINT, COMPUTER SIMULATION

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