Waste accumulation in landfills, global warming and the need to preserve finite raw materials push governments industries shift towards a circular economy. Industrial symbiosis represents sustainable way of sharing resources converting unavoidable production residues into useful added-value products. In this context, we introduce new planning problem arisen between two units (PU) within an indu...

This paper presents a simple algebraic approach for deriving the optimal lot size for economic production quantity (EPQ) model with rework process. Conventional methods for solving lot size problems are by using differential calculus on the long-run average production-inventory cost function with the need to prove optimality first. A few recent articles proposed the algebraic approach to the so...

Production planning with lot-sizing and scheduling in industries where the cleaning times depend on the sequence of the products can be modelled as a mixed integer problem. However, this problem is very hard, and even small instances cannot be solved exactly in a reasonable time. We propose a division of the whole production planning problem into its two subproblems, and to solve each them inde...

We present an improved implementation of the Wagner-Whitin algorithm for economic lot-sizing problems based on the planning-horizon theorem and the Economic- Part-Period concept. The proposed method of this paper reduces the burden of the computations significantly in two different cases. We first assume there is no backlogging and inventory holding and set-up costs are fixed. The second model ...

Starting from the seminal intuitions that led to the developments of the Economic Order Quantity model and of the formulation of the Dynamic Lot Sizing Problem, inventory models have been widely employed in the academic literature and in corporate practice to solve a wide range of theoretical and real-world problems, as, through simple modifications to the original models, it is possible to acc...

In a manufacturing system, lot sizing and maintenance are interdependent interact with each other. Few studies jointly investigated production management considering system degradation. However, during the process, critical component performance will undergo inevitable degradation over time. For example, equipment wears out due to both its own internal causes external environment. To monitor in...

This study deals with joint decisions on pricing and production lot-sizing in a closed-loop supply chain consisting of manufacturing and remanufacturing operations. This study emphasizes the economic analysis of this hybrid system with substitution between the new and the remanufactured versions of the same product. We develop analytical models under a newsvendor framework bearing the following...