DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
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Issue |
Volume-3,Issue-11 ( Nov, 2017 ) | |||||||||
Paper Title |
Production and Operations Management: Best models and maximum optimization (BMMO) | |||||||||
Author Name |
Mihail Kitanovski | |||||||||
Affilition |
International management consultant D2EM CONSULTING LTD International business and management consulting | |||||||||
Pages |
38-42 | |||||||||
Abstract |
This paper intends to give an overview of the literature on dynamic lot-sizing models and stochastic transshipment models. These two types of models are used as a basis for developing models with substitution in the following sections: Section 01 contains a classification of models for dynamic lot-sizing/production planning, and selected models. In Section 02, it is presented a brief overview of available methods for solving deterministic dynamic lot-sizing problems modeled using maximum-optimized linear programming. Also, it introduces transshipment problems and presents a classification scheme for transshipment models. This directly guides to reviewed selected solution approaches that can be applied to stochastic inventory control models such as transshipment problems. Index Terms - Operation Optimization, Production Levelling, Transshipment Model, Maximum Combined Lot-Sizing | |||||||||
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