Supplier selection is one the most important elements of supply chain management. This function involves evaluation of many factors such as, cost of parts/materials, size of order, quality, and delivery performance. Therefore, this problem is categorized as multi-criteria decision making problems. Different approaches have been applied in order to assess and select the suppliers when suppliers ...

We develop new algorithmic approaches to compute provably near-optimal policies for multi-period stochastic lot-sizing inventory models with positive lead times, general demand distributions and dynamic forecast updates. The policies that are developed have worst-case performance guarantees of 3 and typically perform very close to optimal in extensive computational experiments. The newly propos...

We address a stochastic single item production system in a make-to-stock environment with partial knowledge on future demand resulting from customers ordering in advance of their actual needs. The problem consists of determining the optimal size of a production lot to replenish inventory, so that delivery promises are met on time at the expense of minimal average costs. For this problem an opti...

This paper explores a single-item capacitated lot sizing problem with minimum order quantity, which plays the role of minor set-up cost. We work out the necessary and sufficient solvability conditions and apply the general dynamic programming technique to develop an O(T ) exact algorithm that is based on the concept of minimal sub-problems. An investigation of the properties of the optimal solu...

A hybrid scheduling system of machines and lots was proposed. The system was composed of machine and lot scheduling systems which alternatively operate by an interval time during production. A machine agent corrects its own machine schedule when a process is behind schedule. The agent informs the schedule correction to the previous and next machine agents through peer-to-peer communication. The...

Article history: Received 1 August 2011 Accepted 28 October 2011 Available online 29 October 2011 Recently, the economic lot scheduling problem (ELSP) with common cycle time and shelf life restrictions has attracted the attention of several researchers. In this paper, a comparative study of solutions given by Xu and Sarker (2003) [Computers & Operations Research 30 (6), 925938] with the results...

We consider the production of multiple standardized products on a single machine with limited capacity and set-up times under random demands and random production times, i.e., the so-called stochastic economic lot scheduling problem (SELSP). The main task for the production manager in this setting is the construction of a production plan for the machine that minimizes the total costs, i.e., the...

Richard H. Wilson Veterans Administration Medical Center Mountain Home, TN Audibility thresholds for a 1000-Hz sinusoid were measured with a standard clinical (CLIN) procedure and a two-interval, forced-choice (21FC) adaptive procedure bracketing 79% correct. Both used 2and 5-dB step sizes in quiet and in a continuous, broadband noise background. Clinical thresholds were from 2 to 4 dB higher t...