Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet
To facilitate the cost reduction effort that the global crisis has led in companies around the world, in this paper we propose a model to streamline production, a key area of the supply chain. The proposed model determines the optimal lot size considering activities of different areas of the supply...
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Format: | Article |
Language: | English |
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Universidad de Antioquia
2014-04-01
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Series: | Revista Facultad de Ingeniería Universidad de Antioquia |
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Online Access: | https://revistas.udea.edu.co/index.php/ingenieria/article/view/15545 |
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author | Maria Pilar Lambán Javier Valencia Jesús Royo |
author_facet | Maria Pilar Lambán Javier Valencia Jesús Royo |
author_sort | Maria Pilar Lambán |
collection | DOAJ |
description |
To facilitate the cost reduction effort that the global crisis has led in companies around the world, in this paper we propose a model to streamline production, a key area of the supply chain. The proposed model determines the optimal lot size considering activities of different areas of the supply chain, many of which were not previously considered. In order to facilitate the implementation of the proposed model in several companies, including SMEs, we show how to solve this model with a conventional spreadsheet.
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first_indexed | 2024-04-09T22:08:34Z |
format | Article |
id | doaj.art-ab6a506bfec6418091695a1414a7dd86 |
institution | Directory Open Access Journal |
issn | 0120-6230 2422-2844 |
language | English |
last_indexed | 2024-04-09T22:08:34Z |
publishDate | 2014-04-01 |
publisher | Universidad de Antioquia |
record_format | Article |
series | Revista Facultad de Ingeniería Universidad de Antioquia |
spelling | doaj.art-ab6a506bfec6418091695a1414a7dd862023-03-23T12:32:24ZengUniversidad de AntioquiaRevista Facultad de Ingeniería Universidad de Antioquia0120-62302422-28442014-04-017210.17533/udea.redin.15545Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheetMaria Pilar Lambán0Javier Valencia1Jesús Royo2Zaragoza's UniversityZaragoza's UniversityZaragoza's University To facilitate the cost reduction effort that the global crisis has led in companies around the world, in this paper we propose a model to streamline production, a key area of the supply chain. The proposed model determines the optimal lot size considering activities of different areas of the supply chain, many of which were not previously considered. In order to facilitate the implementation of the proposed model in several companies, including SMEs, we show how to solve this model with a conventional spreadsheet. https://revistas.udea.edu.co/index.php/ingenieria/article/view/15545logisticsproductionlot sizeeconomic order quantity (EOQ)economic production quantity (EPQ)logistic index |
spellingShingle | Maria Pilar Lambán Javier Valencia Jesús Royo Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet Revista Facultad de Ingeniería Universidad de Antioquia logistics production lot size economic order quantity (EOQ) economic production quantity (EPQ) logistic index |
title | Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet |
title_full | Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet |
title_fullStr | Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet |
title_full_unstemmed | Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet |
title_short | Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet |
title_sort | development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet |
topic | logistics production lot size economic order quantity (EOQ) economic production quantity (EPQ) logistic index |
url | https://revistas.udea.edu.co/index.php/ingenieria/article/view/15545 |
work_keys_str_mv | AT mariapilarlamban developmentofamodelthatdeterminestheoptimalproductionlotsizeusingnonlinearprogrammingandproposalofresolutionwithaspreadsheet AT javiervalencia developmentofamodelthatdeterminestheoptimalproductionlotsizeusingnonlinearprogrammingandproposalofresolutionwithaspreadsheet AT jesusroyo developmentofamodelthatdeterminestheoptimalproductionlotsizeusingnonlinearprogrammingandproposalofresolutionwithaspreadsheet |