Abstract

VALENCIA, Javier; PILAR LAMBAN, María  and  ROYO, Jesús. Development of a model that determines the optimal production lot size using nonlinear programming and proposal of resolution with a spreadsheet. Rev.fac.ing.univ. Antioquia [online]. 2014, n.72, pp.134-144. ISSN 0120-6230.

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.

Keywords : Supply chain; logistics; production; lot size; economic order quantity (EOQ); economic production quantity (EPQ); logistic index.

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