Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informations
The Dynamic lot sizing (DLS) model is widely used in production planning, to minimize inventory levels, which basically will minimize production costs. The DLS model tries to eliminate the assumption of a fixed demand level throughout the period used in the Economic Order Quantity (EOQ) model. The c...
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| Format: | Article |
| Language: | English |
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Universitat Politècnica de València
2024-07-01
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| Series: | International Journal of Production Management and Engineering |
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| Online Access: | https://polipapers.upv.es/index.php/IJPME/article/view/20977 |
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| author | Rendiyatna Ferdian Abdul Hakim Halim |
| author_facet | Rendiyatna Ferdian Abdul Hakim Halim |
| author_sort | Rendiyatna Ferdian |
| collection | DOAJ |
| description | The Dynamic lot sizing (DLS) model is widely used in production planning, to minimize inventory levels, which basically will minimize production costs. The DLS model tries to eliminate the assumption of a fixed demand level throughout the period used in the Economic Order Quantity (EOQ) model. The characteristics of business processes in online retailers are the basis of this research to develop DLS models. This research develops a DLS model for retailers with multi-supplier cases, quantity discounts, and capacity constraints that consider Advanced Demand Information (ADI). Based on the numerical test results, it appears that ADI has an effect on reducing total production costs in the DLS model. The results of the numerical tests also showed that the model was able to solve the problems of the production planning process for SMEs and retailers who considered ADI. |
| format | Article |
| id | doaj-art-6b5cf7390dc544b1b977aa436023d2c2 |
| institution | Kabale University |
| issn | 2340-4876 |
| language | English |
| publishDate | 2024-07-01 |
| publisher | Universitat Politècnica de València |
| record_format | Article |
| series | International Journal of Production Management and Engineering |
| spelling | doaj-art-6b5cf7390dc544b1b977aa436023d2c22025-01-03T01:24:53ZengUniversitat Politècnica de ValènciaInternational Journal of Production Management and Engineering2340-48762024-07-0112215816810.4995/ijpme.2024.2097720170Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informationsRendiyatna Ferdian0https://orcid.org/0000-0003-3857-693XAbdul Hakim Halim1https://orcid.org/0000-0002-2575-5384Universitas WidyatamaBandung Institute of Technology The Dynamic lot sizing (DLS) model is widely used in production planning, to minimize inventory levels, which basically will minimize production costs. The DLS model tries to eliminate the assumption of a fixed demand level throughout the period used in the Economic Order Quantity (EOQ) model. The characteristics of business processes in online retailers are the basis of this research to develop DLS models. This research develops a DLS model for retailers with multi-supplier cases, quantity discounts, and capacity constraints that consider Advanced Demand Information (ADI). Based on the numerical test results, it appears that ADI has an effect on reducing total production costs in the DLS model. The results of the numerical tests also showed that the model was able to solve the problems of the production planning process for SMEs and retailers who considered ADI.https://polipapers.upv.es/index.php/IJPME/article/view/20977dynamic lot sizingadvance demand information (adi)multi suppliersquantity discountscapacity constraints |
| spellingShingle | Rendiyatna Ferdian Abdul Hakim Halim Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informations International Journal of Production Management and Engineering dynamic lot sizing advance demand information (adi) multi suppliers quantity discounts capacity constraints |
| title | Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informations |
| title_full | Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informations |
| title_fullStr | Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informations |
| title_full_unstemmed | Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informations |
| title_short | Dynamic lot sizing model for retailers with multi suppliers, quantity discounts, and capacity constraints that consider advance demand informations |
| title_sort | dynamic lot sizing model for retailers with multi suppliers quantity discounts and capacity constraints that consider advance demand informations |
| topic | dynamic lot sizing advance demand information (adi) multi suppliers quantity discounts capacity constraints |
| url | https://polipapers.upv.es/index.php/IJPME/article/view/20977 |
| work_keys_str_mv | AT rendiyatnaferdian dynamiclotsizingmodelforretailerswithmultisuppliersquantitydiscountsandcapacityconstraintsthatconsideradvancedemandinformations AT abdulhakimhalim dynamiclotsizingmodelforretailerswithmultisuppliersquantitydiscountsandcapacityconstraintsthatconsideradvancedemandinformations |