An alternative to safety stock policies for multi-level rolling schedule problems
Jeunet, Jully; Dellaert, Nico (2005), An alternative to safety stock policies for multi-level rolling schedule problems, European Journal of Operational Research, 163, 3, p. 751-768. http://dx.doi.org/10.1016/j.ejor.2004.01.020
TypeArticle accepté pour publication ou publié
Journal nameEuropean Journal of Operational Research
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Abstract (EN)We study the impact of positive lead times on the multi-level lot-sizing problem in a rolling schedule environment. We show how stockout situations may arise even in a context of deterministic demand. We therefore develop a procedure to avoid such stockouts and we compare its performance through a simulation study to a safety stock strategy. Simulation results show the superiority of the proposed procedure.
Subjects / KeywordsStockout; Lead time; Rolling schedule; Multi-level lot sizing
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