An aplication of majorization order on a production-inventory problem

  • Henry Laniado Rodas Universidad de Antioquia
  • Diego Alejandro Castañeda Universidad de Antioquia
  • Andrés Felipe García Suaza Universidad de Antioquia
Keywords: production, lot size, inventory

Abstract

The order of majorization is a partial order among vectors, taking in account the characteristics of its components. In this paper presents an application of this order to an inventory-production model with constant production and demand rates, which justifies the homogeneity in the lot size of production, what is considered as assumed in the traditional literature.

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Author Biographies

Henry Laniado Rodas, Universidad de Antioquia

Departamento de Matemáticas

Diego Alejandro Castañeda, Universidad de Antioquia

Facultad de Ciencias Económicas

Andrés Felipe García Suaza, Universidad de Antioquia

Departamento de Matemáticas

References

S. Goyal; M. Gopalakrishnan. “Production lot sizing model with insufficient production capacity”. Produc-tion planning control. Vol. 7. 1996. pp. 222-224.

M. A. Hariga. ‘‘Economic production-ordering quantity models with limited production capacity’’. Production Planing Control. Vol 9. 1998. pp. 671-674.

A. Marshall, I. Olkin. Theory of mayorization and its applications. New York. Academic Press. 1979.

Published
2014-08-05
How to Cite
Laniado Rodas H., Castañeda D. A., & García Suaza A. F. (2014). An aplication of majorization order on a production-inventory problem. Revista Facultad De Ingeniería Universidad De Antioquia, (39), 112-117. Retrieved from https://revistas.udea.edu.co/index.php/ingenieria/article/view/20237